Bitcoin previously tested the 60,000 level and rebounded, once fluctuating within the 66,000-70,000 range, with bulls and bears engaging in a brief tug-of-war. Recently, the market has shown clear weakness, with moving averages turning downward to form resistance, MACD remaining weak, trading volume gradually shrinking, and rebound momentum severely lacking. Key support levels below have been consecutively broken, and the bears have regained control, establishing a clear downtrend structure.
Trading Strategy The current market trend favors short positions on rallies, strictly avoiding counter-trend bottom fishing, and implementing strict risk control and stop-loss measures. Trading Suggestions Consider opening short positions around 64,000-64,500, with targets near 61,000-61,500$BTC $ETH #特朗普宣布新关税政策
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Evening Analysis
Bitcoin previously tested the 60,000 level and rebounded, once fluctuating within the 66,000-70,000 range, with bulls and bears engaging in a brief tug-of-war.
Recently, the market has shown clear weakness, with moving averages turning downward to form resistance, MACD remaining weak, trading volume gradually shrinking, and rebound momentum severely lacking.
Key support levels below have been consecutively broken, and the bears have regained control, establishing a clear downtrend structure.
Trading Strategy
The current market trend favors short positions on rallies, strictly avoiding counter-trend bottom fishing, and implementing strict risk control and stop-loss measures.
Trading Suggestions
Consider opening short positions around 64,000-64,500, with targets near 61,000-61,500$BTC $ETH #特朗普宣布新关税政策