Yesterday, Bitcoin reached 693 and then couldn't go higher because the current market is dominated by bears. The trend has formed a "double top" pattern,

then continued to decline, finding support around 66. It rebounded slightly, but the momentum was weak and lacked strength.

It’s likely to fall further later on. There’s an important announcement this Friday—the U.S. non-farm payrolls and CPI inflation data.

Overall, in a bear market, it’s safer to look for opportunities to short at high levels.

If there’s a rebound, watch the 68 resistance level. If the price rises to this point, look for suitable short signals.

If it breaks through 68, the next resistance is around 69. Observe from there.

For those looking to go long, conservative traders can wait until the price drops to around 635 or 626 to see if it stabilizes.

Wait until the price stabilizes at these levels and stops falling before considering entering a long position. #国际油价走高 #今日你看涨还是看跌？ $BTC