As always, it keeps testing without too much market emotion. After the daytime rebound broke through the 65,000 area, the price stretched up to around 65,700, then faced pressure and fell back. Since the afternoon, it has been repeatedly dipping to probe the 65,000 support. The momentum consumed during the first half of the daytime session has been largely recovered by the afternoon, so there will inevitably be a faster, higher-volume move at night. Friends who have already entered—hold your positions.



From the hourly perspective, the market has retraced back to the middle band of the Bollinger Bands at the bottom. After a few rounds of downside testing, the price pulled back and met resistance at this stage. Therefore, for future positioning, focus on whether this level can hold as support. On the four-hour chart, the consecutive red candles pattern has already taken shape. After the previous round of rally briefly broke above the upper band, it quickly faced pressure again, showing a clear long lower wick. The bearish market’s continuation strength is beyond doubt. Friends who have followed the daytime short-selling idea—your shorts can be held normally.

For BTC, look for 63,500 below. For ETH, look for 1,880 below. For SNDK, look for 1,400 below.
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