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Yesterday, there was a rapid pullback before the interest rate decision was announced.
Over the past two days, BlackRock has been continuously depositing Bitcoin to exchanges, which has also triggered panic sentiment in the market.
Currently, this position is a particularly important short-term level at the 69500 support. If this level is breached, the next support will be around 66300. The key thing to watch now is whether the 1-hour chart can oscillate to the right around 69500. If so, it will repair the MACD zero-line rebound. Then watch whether the 71600 level above can break through. If it cannot break through, there will be another down move, which will still oscillate between 68000 and 66000.
Overall direction: The weekly and daily levels will still see a significant downturn, so focus on short-term trading #Gate13周年全球庆典