Today's market can be simply described as oscillating downward and breaking through support levels to explore bottoms. After opening near 70400 this morning, Bitcoin rebounded slightly, touching a high of 70344 before facing selling pressure and falling back. It then declined steadily, breaking through the 70000 round number level in the afternoon, accelerating downward to a low of 69050 in the evening, with a modest rebound to around 69700 at the close, currently retesting around 69300. Throughout the day, the trend showed a structure of single-sided decline with progressively lower highs and new lows, with bulls showing no resistance. Ethereum weakened in sync, with daytime rebounds facing pressure around 2230, dropping below 2100 in the evening, currently oscillating around 2120. I maintained a bearish stance today, with Bitcoin locking in 4750 points of profit and Ethereum locking in 205 points of profit.

From a daily chart perspective, Bitcoin closed with large bearish candles for two consecutive days. If today closes below 70000, it forms an effective breakdown. The daily K-line has broken below the 30-day moving average support, with MACD fast and slow lines forming a death cross above zero axis, and green histogram momentum beginning to appear. The daily level adjustment has been confirmed as initiated. The 68000-69000 zone below is a previous congestion area and an important support band at the weekly level. If this level is breached, watch for support structure around 66000. In terms of larger timeframes, the bearish pattern is currently clear. Combined with the four-hour chart, after breaking through the 70000 resistance level today, intraday rebounds lack strength, continuing to consolidate and explore the resistance at the 69000 level. K-line formations show an oscillating downward channel with progressively lower highs and new lows being created, Bollinger Bands expanding downward with price running along the lower band. Near-term resistance moves further down, indicators show fast and slow lines continuing to diverge downward, bears still dominating, current low levels haven't found a bottom yet, with potential for further declines.

Bitcoin can short around 69500-69800, targeting around 68000. Ethereum can short around 2130-2150, targeting around 2070. #美联储维持利率不变 $BTC $ETH