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4.6 Afternoon Market Analysis
Bitcoin surged sharply from 66,650 in the morning, reaching a peak of 69,587 before experiencing pressure and pulling back. Currently, it is consolidating around 68,825. The candlestick shows a rapid rise followed by a red close; the bullish momentum is only a short-term impulsive move. The long-term bearish trend remains unchanged. Rebound opportunities still present a chance to sell! The range of 69,200-69,500 remains a strong short-term resistance. The relationship with third parties is also moving in tandem. The mindset remains focused on selling high and buying low as support!
Trading Suggestions
Rebound to around 69,000-69,500 to sell, wait until 68,000✓. If broken, continue down to 67,000$BTC $ETH $BTC