Afternoon Analysis of Bitcoin

BTC is again encountering resistance near $69,000 within the 12-hour downtrend channel. The upper boundary of the channel exerts significant resistance, and the overall bearish structure has not undergone a fundamental change. This was expected; the main strategy remains "rebound and short" in the overall trend. Today, focus should be on the resistance at $67,800–$68,000. If the price rebounds to this zone and faces rejection, consider shorting accordingly. Short-term support is around $66,200; if this level is broken effectively, the next target is $64,700.

In terms of trading, strictly set stop-loss orders to protect positions. Do not blindly chase longs before the resistance is convincingly broken during a rebound. Stick to the principle of trading with the trend.

Just like with the Snowfield setup I guided, I accurately caught this wave of decline, earning a direct profit of 21,000 USDT. When your thinking is correct and the rhythm is steady, a single successful trade can provide the stability and confidence you need. There are no wasted efforts in life; every firm execution paves the way for a better life. Choose the right direction, focus on execution, and remember that the market never lacks opportunities—what’s missing is the vision and discipline to seize them. $BTC #ETH #BTC行情