The intraday Bitcoin chart is simply very clear. Since the high point around 69,500 early this morning, it has been steadily declining southward, reaching a low of around 66,200 by evening, with a total range of over 3,000 points. We publicly provided three trading ideas today, each perfectly confirmed by market conditions. All four trades successfully hit their targets, netting a total of 3,669 points in Bitcoin gains. As long as you follow the strategy and do your homework, the winning power is effortless and stress-free.

From the current market situation, Bitcoin is experiencing an accelerated decline tonight, with price repeatedly breaking through multiple support levels and successfully touching the previously indicated ascending wedge's lower boundary; moving averages are turning in sync, forming a strong resistance. The four-hour chart shows consecutive bearish candles with a pullback, but the momentum of the wedge has not shown obvious exhaustion. The market is once again testing the lower boundary of the previous range at around 66,000. Although there are signs of minor recovery and stabilization in the short term, trading volume is clearly insufficient, and the rebound strength is weak, making it difficult to sustain any meaningful upward movement.

Looking at the hourly chart, Bitcoin is gradually moving lower along the downward channel, with the midline resistance being strong and being pushed back upon contact. Meanwhile, the price decline is accompanied by increased trading volume, and market sentiment remains high. Therefore, the trading plan for tonight remains unchanged; maintain a high position in the wedge pattern.

Bitcoin: around 67,200, with a target of 65,000.
Altcoin: around 1920, with a target of 1920. $BTC #比特币震荡走弱