Afternoon BTC Analysis

From the 4-hour chart, 65,800 is the first short-term resistance, and 66,300 is the secondary strong resistance. Price has repeatedly probed upward into these zones; upward momentum continues to shrink. Whenever it tries to push higher, it frequently meets heavy pressure, fails, and pulls back. Swing highs gradually move lower, forming a multi-layer top-pressure structure.
The indicators show a volume-price top divergence: the RSI turns down from a high level, and the MACD red histogram continues to shrink. Bullish attack momentum is being continuously consumed. At this stage, any rebound is only a corrective “downtrend continuation” repair, not a trend reversal. Until there is a clear breakout with increased volume and a solid hold above 66,300, sell pressure above will keep being released, and rebounds are opportunities to set up short positions at higher levels.
Trading Advice
Place short orders in the BTC 65,800–66,300 zone. Targets: look down to around 64,800–64,300$BTC $ETH #Gate事件合约首发狂欢