This morning's wave of downside in the market moved very perfectly, and I believe many people's bullish confidence has become less firm. It was a completely manipulated upward trend, clearly based on the intraday overall trend. Why insist on focusing on smaller timeframes? So, there's a reason why you often don't do well.


Simply look at the daily chart: the price is steadily near the middle band, and the bullish volume increase is still continuing. Currently, it's just a consolidation after a rally; the bullish momentum hasn't completely dissipated. Yesterday's rally was too smooth, so there was no clear resistance zone during the rise. The market quickly entered an oversold area, and the morning pullback was undoubtedly a re-test of the lower support levels.
The daily middle band at 66,000 and the hourly lower band at 65,400 can hold the decline without breaking. The market still has the potential to continue rallying and breaking higher.

Bitcoin at 65,400-65,800, target 67,000
Ethereum at 1,750-1,780, target 1,850
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