I have to say, the resistance at the 65,700 level for BTC is really strong—multiple attempts to break through effectively have failed. Soon after, there was a sudden burst of rapid sell-off. This minor uptrend structure for the bulls was directly broken, and in the short term, bearish forces released their pressure in a concentrated way.

Currently, BTC’s downtrend has slowed down near 63,000, but the rebound strength is very weak; it hasn’t quickly regained lost ground. In terms of trading, it’s mainly about taking rallies to sell near the highs. On the downside, pay close attention to the 62,500 support; meanwhile, Ethereum is also weakening, and 1,840 is the key support level to watch.
#长鑫开盘跌7.7% $BTC ‌$ETH ‌