$BTC approached the support level around 64500 and closed with a short candlestick, indicating strong selling pressure on yesterday. Today saw a slight rebound from the opening, prompting attention to the resistance zone near 67500-67000. Without a significant breakthrough soon, further testing of the support level is likely.
Regarding the trend, #Bitcoin's price fell below 65000, settling near 64500, where it has repeatedly found support on the hourly chart, slowing down the short-term downward momentum. Yesterday's decline lacked significant correction opportunities, displaying a mostly one-sided movement. Today, caution is advised against a rebound correction following the significant drop, with emphasis on the 64500 support level. If this support falters, the next level to watch is around 63000. Overall, the focus remains on shorting any rebounds, but caution is advised against chasing the market at lower levels.
Operation suggestions for today:
$BTC : Consider short positions in the 67000-67500 range, targeting 65500-64500, with a break potentially leading to 63000. Ether: Maintain current positions and remain defensively positioned, aligning with similar strategies.
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