$BTC Has broken below the previous upward channel and is currently forming a new small-scale downward channel. The price is clearly under pressure around 640, and the previously expected 650 target has not yet been reached.



Overall, the market is likely to enter a short-term consolidation and correction phase, but the downside risk has not been eliminated, and a unilateral decline could restart at any time. For trading, it is recommended to cautiously hold long positions on rebounds with tight stops, and also avoid blindly chasing short positions. You can wait for the price to rebound to the 639-665 range and gradually establish short positions.

Key support levels below are around 570.

Tonight's CPI data is generally expected to be bearish. However, I believe that after the negative news is digested, there is a possibility of a short-term rebound. In trading, always stay rational, avoid chasing highs and selling lows. #贝莱德减持BTC增持ETH
BTC-2.72%
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APointOfInjury
· 1h ago
Brother, often send it once.
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