Looking at Bitcoin's 4-hour chart, prices rallied to 71,500 and then pulled back, entering a sustained range-bound consolidation. Currently still within the original oscillation zone, lacking upside breakout momentum in the short term, with room for further downside. Bears remain in control!
From the short-term hourly perspective, prices are repeatedly pressured around the midline with a weak oscillation pattern persisting. The K-line structure shows weak rebounds and a slow downtrend rhythm. Short-term trend reversal is difficult. Key focus on tonight's US stock performance - white session expected to be weak oscillation, short-term strategy emphasizes high-level shorts with rebound entries!
Bitcoin subsequent resistance 71,350-71,850 short, target support 69,000-68,500 zone!
Looking at Bitcoin's 4-hour chart, prices rallied to 71,500 and then pulled back, entering a sustained range-bound consolidation. Currently still within the original oscillation zone, lacking upside breakout momentum in the short term, with room for further downside. Bears remain in control!
From the short-term hourly perspective, prices are repeatedly pressured around the midline with a weak oscillation pattern persisting. The K-line structure shows weak rebounds and a slow downtrend rhythm. Short-term trend reversal is difficult. Key focus on tonight's US stock performance - white session expected to be weak oscillation, short-term strategy emphasizes high-level shorts with rebound entries!
Bitcoin subsequent resistance 71,350-71,850 short, target support 69,000-68,500 zone!
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