BTC 4 hours:
Currently, Bitcoin has failed to continue its rebound and has fallen again to around 66,000 due to disappointment in expectations of lower interest rates.
The virtual asset market entered a downward trend as pessimism spread after the Federal Reserve hinted that it would reduce the benchmark interest rate cut from the initial three times to one before the end of this year.
However, former U.S. President Donald Trump once again made remarks in support of virtual assets, temporarily supporting the downward trend.
According to chart analysis, the failure to retest 67,000 and the formation of a negative line failed to break the downward trend, so the bearish view of the market was strengthened again.
Resistance level reference:
First resistance level: 66400
Second resistance level: 66900
When the price breaks through the first resistance level, the probability of breaking the downtrend in the short term will increase. If it consolidates between 66400 and 66900, it can be determined that the lows are rising and the price is expected to retest 67000 again.
The master suggests that in the short term, you can pay attention to the trend of the 20-day moving average of the 4-hour chart and operate accordingly.
Support level reference:
First support level: 66000
Second support level: 65260
66000 is an important support line that needs to be defended at present. If it falls below, it is likely to continue to fall and reach lower lows.
When the trading volume drops around 66,000, the analyst will change to a bearish view.
Today's trading suggestions:
If the 66,000 level is maintained in today's trading, the short-term rebound view can be maintained. If it falls below 66,000, a bearish view will be adopted.
Although today's analysis is not much different from my chart analysis yesterday, I still maintain a bearish view. Please pay attention to the key support of 66,000.
Please refer to these suggestions when trading
6.17 Master's short-term pre-buried order:
Long entry reference: 64900-65300 range, long in batches, defense 500 points, target 66400-66900
Reference for short entry: short in batches between 66900-67300, defense 500 points, target 66000-65300#币安合约锦标赛 #BTC走勢分析 #比特币走势分析