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U.S. stocks opened lower, compounded by breaking news of the war (steel plant bombed), and market sentiment is clearly bearish. Currently, BTC is fluctuating around 66,300, with strong resistance at 66,700 above and a close watch on the 66,000 level below.
If U.S. stocks continue to weaken, BTC is very likely to drop straight down to test 66,000. If this level cannot hold, the next support at 65,000 will be hard to defend.
The strategy is simple: follow the trend and go short.
BTC: look for a drop to 65,000-63,800, long-term target at 60,000
ETH: look for a drop to 1,950-1,860, long-term target at 1,660
Don’t try to catch the bottom. In this kind of market, survival comes first. #比特币震荡走弱 $BTC $ETH