6.4 Morning Bitcoin Market Analysis

Since Wednesday night, when the price dropped from 67,000 to around 65,500, there was a brief halt and consolidation in the early morning.
But the low-level consolidation didn't last long, and the market has once again shown a trend of increased volume.
The 1-hour chart has already formed a series of downward candles, and the daily chart has plunged significantly, really close to the 60,000 level.
The "mistress" is now also falling along with the decline, breaking through one support level after another in a single day, with 1,700 already in jeopardy.
Accept that you will miss the opportunity, accept that you will be wrong.
Playing in the crypto space is also about realizing your cognition, and cognition requires time, losses, and rebounds to nurture.

On the 4-hour chart of Bitcoin, the volume of the "mistress" continues to increase, with candles running close to the lower Bollinger Band, showing hardly any effective rebound movements.
Currently, the Bollinger Bands are still expanding downward, indicating an overall accelerating breakdown and decline structure, completely breaking through previous support zones, with a clear "mistress" arrangement.
The MACD has further expanded its death cross, and the momentum of the "mistress" is still growing, in its peak phase.
The issue remains that buying support below is insufficient, with no real support to speak of.
In the short term, there are no signs of stabilization or stopping the decline; rebounds are just pauses in the downward trend, then continuing.
This is a phase of oversold correction; Bitcoin should watch for resistance around 64,000.
Once the rebound weakens, continue the decline.
The "mistress" is looking at the 1,800 #ZEC逆势上涨 resistance level.