6.17 Morning Bitcoin Chart 🍜 Market Outlook

Bullish momentum is exhausted, weakening at high levels, and a direct short on rebound!
Yesterday's prediction of not chasing longs at high levels and facing resistance to short was fully realized, with the current price at 65,741 showing weak consolidation.
A surge followed by a pullback indicates a high-level weak oscillation, with the 4-hour high continuously lowering, short-term bears are favored, but the long-term bullish trend has not reversed, only a correction after the rise.
Resistance levels: 66,200-66,500, strong resistance at 67,255
Support levels: 65,400-65,600, key defense at 64,800
Trading suggestions:
1. During the rebound, partially short in the 66,200-66,400 range, stop-loss above 66,750, target 65,700 → 65,450, if broken, look for support at 65,000
2. After a pullback to 65,400-65,600 and stabilizing, go long with stop-loss below 65,100, target 66,000-66,300 $BTC $ETH