【$BTC】Flat Position, Downtrend Channel Formed/Selling Pressure Undigested/Awaiting Direction Confirmation $BTC The market appears to be rebounding, but volume cannot keep up, a typical pullback within a downtrend. The 4-hour level shows consecutive bearish candles, with buy orders continuously being digested by selling pressure, and weak intent from funds to provide support. Short-term moving averages have dead-crossed, a downtrend channel has formed, chasing highs at current levels poses greater risk than reward, patiently waiting for clarity in direction is more prudent. 🎯 Direction: Flat Position🛡️ Strategy: More observation, less action, await right-side signals⚡ Entry: If volume breaks down through 69000, consider light short position🛑 Stop Loss: Break above 71260🚀 Target: First target 64700, second target 62000 View live market 👇 $BTC --- Follow me: Get more real-time crypto market analysis and insights! $BTC $ETH $SOL ‍#Gate13周年全球庆典 #TradFi首创多倍杠杆 #美联储维持利率不变

$SOL with this textbook setup