Bitcoin 4-hour chart review: Price faced resistance at 64,200 and pulled back, with consecutive bearish candles oscillating downward. Rebound momentum weakened continuously, and high-level positions kept exiting. Accompanied by a long bearish candle on high volume, the price directly broke through the 61,700 level, officially establishing a bearish trend. The candlestick shows only a very short lower wick, with bulls completely unable to fight back. There is no effective reversal signal on the chart currently. Do not blindly buy the dip in the short term; following the bearish trend is the main trading approach.

On the 1-hour timeframe, the bearish pattern is clearer. The price maintains a slow decline rhythm; each small rebound is only a technical repair, then immediately broken down below key support by a large bearish candle. Bears firmly hold the dominance of the chart. Currently, the price is consolidating in a low range around 62,100, which is a weak consolidation during the downtrend. There is still room for further downside.

BTC rebounding to 62,500-63,000, go short, target 61,300-60,000.
ETH rebounding to 1,760-1,790, go short, target 1,660-1,590.
$BTC $ETH #美国比特币ETF净流入4026枚BTC