6.23 Afternoon Bitcoin / Altcoin Watch 🍜 Market Perspective

Continuous decline without stabilization, is a rebound in the afternoon a short-term opportunity?!
Yesterday, Bitcoin surged to 65,597, and Altcoin touched 1,779 before the upward momentum exhausted. This morning, prices faced pressure and continued to fall back, with four consecutive bearish candles on the 4-hour chart. Funds that entered earlier gradually exited, and both coins experienced a sharp pullback, showing a generally weak pattern of rising then falling.

In the afternoon, the decline continued from the morning, and no signs of stabilization or bottoming out have appeared in the market. Resistance above is quite heavy, and a double-top correction pattern has formed on the 4-hour chart. The short-term downtrend is clear, and the slight rebound is only a short-term technical correction, unlikely to change the current weak momentum.
Bitcoin → Resistance: 64,100, 64,800, 65,600; Support: 63,200, 62,800
Altcoin → Resistance: 1,730, 1,750, 1,779; Support: 1,700, 1,685

Trading Suggestions:
Bitcoin
1. Short at 64,000-64,100 on rebound, stop-loss above 64,800, target 63,200, break below to watch 62,800
2. Buy on dip at 63,200 with stabilization, stop-loss below 62,800, exit near 64,000
Altcoin
1. Short at 1,728-1,730 on rebound, stop-loss above 1,750, target 1,700, break below to watch 1,685
2. Buy on dip at 1,700 with stabilization, stop-loss below 1,685, exit near 1,730 $BTC $ETH