Evening Analysis
Bitcoin broke below the 60,000 level in the morning, tested a low of 59,800, then rebounded to around 65,700. The overall bearish trend remains unchanged, and caution is advised for a potential second decline after the rebound loses momentum.
Technical Analysis: The daily chart shows a successful break below the key support zone of 62,000-65,000. The 7-day and 30-day moving averages have crossed downward, with prices under all moving averages, forming a standard bearish alignment. The 4-hour Bollinger Bands are opening downward, with the rebound facing resistance at the midlin
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