Hourly chart level, the price continuously forms a bearish engulfing pattern from the upper Bollinger Band to the lower band. Although there is a rebound with two consecutive bullish candles, the long upper shadows indicate that the bulls are struggling to mount a strong comeback, and upward pressure is clearly evident.

The Bollinger Bands are widening continuously, and the downward channel is opening, indicating that the bearish trend is strengthening. In the short term, maintain a bearish outlook, with the rebound facing resistance and taking partial profits on high short positions.

Bitcoin: Short around 67200-68000, target 66000-63000