$BTC The current market is weakening, having closed with two consecutive bearish candles. Although there was some increase in volume yesterday, it did not effectively stop the decline. Today, the K-line once again closed with an upper shadow, indicating heavy selling pressure above.
👉 Key support levels:
- 66800: As a recent support level, it is currently unlikely to hold.
- 62800-60000: This is an important dividing line between bulls and bears. Among them, 62800 is the last defense line for bulls; if it breaks and cannot quickly recover with volume, the trend will clearly turn bearish. 60000 is the last critical stop-loss level for bulls; if it is effectively broken, it will signal a full turn to bearish.
👉 Overall strategy: Maintain a bearish view, but the current price level is not suitable for entering the market hastily.
👉 Key observation period: Closely monitor the market movements from this Friday to Sunday (the next three trading days). If the price continues to be sluggish and cannot recover key technical levels, the bearish logic will be further reinforced.
👉 Key support levels:
- 66800: As a recent support level, it is currently unlikely to hold.
- 62800-60000: This is an important dividing line between bulls and bears. Among them, 62800 is the last defense line for bulls; if it breaks and cannot quickly recover with volume, the trend will clearly turn bearish. 60000 is the last critical stop-loss level for bulls; if it is effectively broken, it will signal a full turn to bearish.
👉 Overall strategy: Maintain a bearish view, but the current price level is not suitable for entering the market hastily.
👉 Key observation period: Closely monitor the market movements from this Friday to Sunday (the next three trading days). If the price continues to be sluggish and cannot recover key technical levels, the bearish logic will be further reinforced.