Bitcoin overall showed a pattern of oscillating rebound followed by resistance and pullback. Starting from the low of 62835 in the early morning today, it rebounded briefly, encountered strong resistance in the high area of 64260 during the short surge, then momentum weakened and gradually declined, currently trading around 63400.

Ethereum's trend is highly correlated with Bitcoin, simultaneously rebounding from a low of 2085 to a high of 2142 and then declining under pressure, currently at 2108, showing a weak following downtrend throughout, highlighting the correlation and synchronization of the market.

The daily-level downward channel has not been effectively broken. Although the market has experienced a short-term oversold rebound and completed technical repair, the overall trend remains bearish-dominated.

The moving average system shows a bearish arrangement, with EMA120 forming a key mid-term resistance. The price has not effectively held above it, and bullish momentum is only a weak recovery after oversold conditions, lacking sustainability and volume support.

The four-hour level shows weak rebound characteristics. The price quickly fell back after touching the upper Bollinger Band. Although the MACD green bars have narrowed, no golden cross has formed. The RSI indicator oscillates repeatedly in the neutral area of 50, further confirming that the rebound is difficult to reverse the mid-term downtrend.

The current market rhythm shows that bearish forces continue to dominate. The short-term rebounds that occur during this period are not trend reversal signals but typical technical repair actions. The core purpose is to accumulate bearish momentum for further declines. This morning's operation still focuses on shorting on rebounds.

Specific operation suggestions: Pay attention to the resistance in the 63800-64500 range and the 65300-66000 range. If the price encounters resistance and fails to break through, you can try shorting, targeting a downward space of 500-6000 points. Holding above 65800 is considered a long signal.
$BTC #预测世界杯葡萄牙VS西班牙