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This morning's Bitcoin outlook
Operation: Near 647-650 range
Target 635-620
After a dip in the early morning, the bearish signal is clear, with the price running along the lower Bollinger Band, the gap widening, and the downward space opening up. The weekend rebound is just an oversold correction, not a reversal—rebound highs are moving lower, with moving averages suppressing the price, and the downtrend structure remains unchanged. The 635-620 zone is now a support turned resistance, coinciding with the moving averages. If a rebound stalls here, it can be seen as a buying opportunity. As long as it doesn't break above 655, the bearish pattern continues, and downside space remains. $BTC #我的Gate交易时刻