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6.3 Bitcoin Midday Analysis
Today, Bitcoin showed a volatile downward trend in the morning, briefly staying above 69,600 in the early session, but quickly faced resistance and pulled back. In the afternoon, it broke below the middle band support, with the lowest dip around 65,300, then rebounded slightly to about 67,200. Currently, it is fluctuating around 67,000.
The afternoon rebound is a technical rebound demand. The daily chart shows consecutive large bearish candles, and on the 4-hour chart, the price is being suppressed by the lower band. The rhythm shows a small unilateral trend, with decreasing volume during the rebound and shrinking volume during the pullback, indicating that the bearish force is still strengthening. Intraday, focus on the rebound strength; if the rebound is limited, consider following the trend and shorting directly.
Trading suggestions:
Short in the 67,600-68,100 range, targeting 65,500-65,000. $BTC $ETH #分享美股交易赢英伟达股票