Bitcoin (BTC) Daily Chart: Oscillation Game Under the "Fed Rate Hike Shadow"



**Major Direction Assessment:** Oscillation with bias toward rebound (recovery after oversold), but overall downward pressure persists. Short-term lacks conditions for significant upside move. Avoid chasing highs blindly.

**Downside Support Zone:** Primary support level at $69,500–$69,800. If this zone breaks, price will further test previous low of $68,750, with extreme scenarios potentially touching key support at $68,500.

**Upside Resistance Zone:** First target resistance at $71,500–$71,800. After breakthrough, will face strong resistance zone at $72,500–$73,000. Probability of price returning above $74,000 is extremely low.

**🔹 Focus on high rebound**
Entry Zone: Near $70,800–$71,500 rebound, Target $69,200–$68,500 nearby
BTC0,16%
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