The intraday Bitcoin rally has not yet reached an extreme unilateral trend, but the downward momentum remains consistent, confirming a solid rebound within the range. From the midnight high around 70,400, it has been oscillating downward, reaching a low of approximately 67,700 in the evening, with an overall fluctuation of nearly 2,700 points. Since midnight, we have been focusing on the rally trend and providing strategic entries; every suggested entry point has been perfectly validated, truly achieving quick pullbacks and immediate profits. As long as you follow the rhythm, making gains becomes effortless.



From the current market perspective, Bitcoin continued its oscillating downward trend overnight, testing the key support at 67,500. Although it has not yet effectively broken below this level, the dominant trend led by the rally remains clear. On the four-hour chart, Bitcoin’s six consecutive bearish candles strongly retested the support. Despite some rebounds and long lower shadows during the correction, the rally’s momentum has significantly weakened, and the market has been unable to stabilize effectively. During the evening phase, as the price declined, trading volume increased simultaneously, consolidating market consensus around the rally. Looking at the hourly chart, Bitcoin continues its stair-step decline, with lower highs and lower lows forming a standard downtrend channel. The middle band has shifted from strong support to a key resistance level, becoming the current core obstacle. The overall rally trend is clear; after the oscillation and consolidation at midnight, a strong downward movement is still expected. Therefore, our outlook remains unchanged.

Bitcoin: 68500–68800 rally zone, with a target of 66800.
Altcoin: 2100–2120 rally zone, with a target of 2020. $BTC #Strategy再增持4871枚BTC $ETH
ETH-1,69%
BTC-0,96%
View Original
post-image
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments
  • Pin