Compared with #Gate事件合约首发狂欢 Bitcoin, which yesterday kept falling after retreating from the $66,930 high, it hit a peak on the 4-hour timeframe and then saw consecutive bearish candles, with profit-taking positions at the high level concentrating to exit. The current price is trading in a range of $64,700–$65,100. Resistance to watch is the $65,500–$66,000 area; key support below is $64,200–$64,600. If it breaks, it may further test $63,500. The core contradiction BTC faces right now is that—while geopolitical risk has sparked some safe-haven narratives, rising rate-hike expectations driven by a surge in oil prices are imposing systematic pressure on risk assets. If US Treasury yields continue to climb, valuation pressure in the crypto market will be difficult to ease.