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$BTC The decline has been smooth and gradual, heading straight for the 64,000 monthly support level, with no signs of stopping the downward trend 😮💨 For two days, it’s basically been a decline into the ten-thousand range
Geopolitically: Iran launched a surprise attack on a U.S. military command ship, while the U.S. and Iran are both talking about negotiations that may happen over the weekend, and the House is legislating to limit the president’s power to declare war. The situation is a back-and-forth tug-of-war; U.S. stocks collectively plunged, with Nvidia and Microsoft heavily hit, dragging down market risk appetite
The market is extremely fragmented, with Bitcoin smoothly declining, and today’s short-term focus is on the 64,000 level: a rebound at 65,800 suggests continuing to build short positions
✅ If it can stabilize and hold → Bitcoin may rebound, with strong resistance at 67,679
❎ If it breaks down with volume → the next target is around 58,600. If it really happens, the bears are too aggressive and fast, but it’s also a good opportunity to go all-in on the dip
Risks and opportunities always coexist; identify your own opportunities