The intraday Bitcoin trend intensified, with early strong upward movement reaching around 68,300 but facing resistance and pressure. Subsequently, the market gradually weakened, with the afternoon dropping to around 65,900. During the white phase, the price fluctuated over 5,000 points. After successfully closing out our positions at midnight, the early rally was followed by a quick pullback at high levels. We promptly placed sell orders at high points, and as expected, the market declined, fulfilling our orders. Both trades were closed profitably, with a total gain of over 3,000 points.

From the current market structure, the afternoon pullback in Bitcoin was within expectations. The 68,000 level was tested twice but failed to hold, forming a strong resistance zone. A double top pattern is preliminarily established, with technical indicators showing a synchronized death cross. Meanwhile, the price decline was accompanied by increased trading volume, indicating a significant rise in market bearish sentiment. On the daily chart, two consecutive long upper shadow candles have appeared, clearly reflecting heavy selling pressure above. Recently, volatility has been narrowing, and the small cycles are in a consolidation phase, building momentum for a potential breakout. Therefore, our subsequent strategy remains unchanged: continue to adopt a bullish stance and wait for opportunities.

Bitcoin: 66,600–67,000 range, with a target of 65,000.
Altcoin: 2,050–2,080 range, with a target of 1,980. $BTC #BTC能否守住6.5万美元？