6.4 Early morning 00:01

Analysis: Bitcoin: The market is very weak, this wave of decline has dropped below 74,000 to 65,400, bulls hardly resisted, the weekly support around 65,500 slightly rebounded 2,000 points, the hourly level has not stopped falling, and even the most basic sideways movement cannot hold. According to normal market conditions, the current position has no room to fall (either rebound or sideways instead of rising, which may take about 7 to 9 days of sideways correction). But it looks like a door is about to close, the key is whether the previous low can hold. If it can't, there will be a wave of acceleration, and the market won't last long, it will move out in 3 to 4 days (referencing the extreme drop on February 5). Bitcoin is likely to test around 55,000 to 58,000.
The second coin market, refer to Bitcoin!~

This wave of market movement, combined with the S&P 500, weekly nine consecutive positive days, now reaching the weekly level at the non-wave 2.618 level (around 7,625) under pressure, most likely will retrace.