BTC has entered a choppy downward move since the 66,956 local high. The market’s highs have continued to move lower, the oscillation center has kept trending down, and the strength of the bulls’ counterattack has continued to fade. After the prior consolidation range’s lower bound broke, it triggered a round of rapid selling pressure, and the short-term tape has been dominated by the bears. After the current price undergoes a sharp sell-off, there is a technical need for an oversold rebound, but the rebound will most likely be a corrective move during the downtrend, so it should not be directly treated as a trend reversal. In terms of trading, it’s better to first wait for the rebound and then set up short positions under resistance. Focus on the 65,200–65,500 resistance zone. The first support below is 64,600; if support is convincingly broken, the market will likely probe further toward the key defensive band at the 64,200 swing low. For short-term attempts to trade a rebound with long positions, only small-size trial trades are allowed, with strict risk control—do not go heavy chasing a bottom to bet on a reversal. Only if the price regains and holds above the 65,900 resistance level can the current short-term weakening structure improve. #Gate事件合约首发狂欢 $BTC $ETH