BTC morning analysis

From the 4-hour chart, it is clear that 67,200 is the ultimate strong pressure zone of this rebound, formed by prior swing highs and a highly concentrated area of trapped liquidity. The price has repeatedly probed upward toward this level; while the upward momentum keeps shrinking, it quickly faced pressure and fell back after spiking, gradually forming a double-top bearish pressure structure.
Indicators show a clear bearish divergence: RSI turns down from overbought levels, and the MACD red histogram continues to shrink—bullish attack momentum keeps weakening. This upward rebound is only a corrective move within a broader downtrend, not a trend reversal. If the 67,200 level cannot effectively build volume to hold, sell pressure above will keep releasing; the rebound is an opportunity to set up short positions.
Key levels
Core strong resistance: 67,200
Minor resistance (short term): 66,400
First downside support: 64,500; medium-term support: 63,100
Trading plan
Place short orders around 66,800-67,300
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First downside target around 65,700-65,100
If it breaks down, follow the trend lower toward 64,500, with 63,800 as a nearby level