Yesterday, Bitcoin first tested the pressure at 67200 in the early morning, followed by a downward plunge, continuing until it broke through the 65000 mark in the early morning, and then rebounded. In the afternoon, it oscillated in a small rhythm for a while, and then plunged again in the evening, breaking through the small support at 64500, and finally reached a low of 64055 before rebounding. The coin price continued to set new lows, with the shorts continuing to increase their positions. After breaking through the downside, it has been in a low-level oscillation. The rebound of the longs is even weaker, and the market is in an extremely weak environment. The overall trend is still weak. Although the rebounds during this period do not seem weak, they still cannot directly break the previous high. The trend structure has not yet formed a direct change, even if the daily chart shows such a long lower wick, it can still break through the bottom again, indicating that the short trend is strong. Wait for a clear reversal signal before going long. Currently, the bearish view remains unchanged, and the main focus in operations is on shorting at high levels.