The panic sentiment in the crypto market continues to spread. AiCoin data shows that the Fear and Greed Index (FGI) has plummeted from 23 yesterday to 11, entering the "Extreme Fear" zone. On-chain data indicates that the mysterious whale "first set 10 major targets" took profit of about $3.3 million on a previous short position, then today reversed and went long with 4x leverage on 281.789 BTC, opening at approximately $67,800, directly initiating a $67k defense battle.


Meanwhile, Huang Licheng remains under continued pressure. HyperInsight shows that his address experienced 4 partial liquidations within an hour but still chose to add to ETH long positions, currently holding about 600 ETH with 25x leverage.
On the technical side, the 4-hour trend of BTC has turned weak, with the price continuously trading below EMA7, and the MACD bearish momentum continues to expand. However, the RSI has entered the severely oversold zone, indicating a short-term technical rebound may be needed.
Short-term key focus:
• Support zones: 66,000 / 65,000 USDT
• Resistance zones: 68,000 / 69,000 USDT
If BTC rebounds after testing 66,000—65,000 and volume increases to halt the decline, consider light long positions; if the rebound is blocked again above 68,000, the short-term bias remains more towards a right-side short opportunity. #btc
BTC-6.56%
ETH-6.11%
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