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BTC experienced decreasing volume and sluggish trading during yesterday evening's dip on the 4-hour chart. At the same time, a doji star formed on the naked candle, indicating a minor rebound. Currently, it has reached the resistance zone of the upward trendline in the consolidation area. If it cannot effectively break back above, the downward trend will continue.
A descending channel has formed from 75.9k to 65.5k. Key resistance levels to watch are around 68k and 70k. When a bearish pattern appears with a K-line entry, it is also important to monitor whether volume decreases during the upward move, indicating weakening momentum.
Do not easily believe any rebounds in a bear market; 60k is definitely not the bottom! $BTC