🔥🔥The Bitcoin market suddenly changed last night

The aftermath of the Fed meeting has not yet ended. The price of the currency plummeted by more than 2,000 points, and the 65,000 defense line was broken, announcing the abortion of this round of rebound, and a new round of decline cycle has quietly started. The monthly chart reveals that Bitcoin is experiencing a long downward journey, with highs gradually lost and lows appearing frequently. The 70,000 to 53,000 range has become an insurmountable obstacle. The monthly trend is clear, and range operation has become the key.

Focusing on the weekly chart, the 58,000 support level remains unshakable, giving the market a breather. My current strategy is to wait and see whether Bitcoin can get support here first, and then judge the market trend. In the short term, bearish sentiment is pervasive, but the rebound spark has not been extinguished, especially at the two key positions of 63,000 and 61,000, where support and gaps coexist, or become an opportunity for market reversal. 396079 64243