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Monday Midday BTC Analysis: Continue bearish, go with the trend.
Short pattern continues, don't rush to catch the bottom.
After BTC spot fell below 68k, currently oscillating in the 67,700–68,000 range. Weekend low of 67,370 confirms weakness, rebound momentum is weak, and buying pressure is insufficient.
Technical analysis leans bearish:
4h Bollinger Bands opening downward, moving averages in bearish alignment, lower band providing resistance
Hourly chart showing continuous red candles under pressure from 71k, weak momentum, RSI showing weak rebound from oversold zone
Midday operation suggestions:
Target: First watch 67,000–67,300
If breaking 67,500, follow the momentum to short.
Gave short at 68,800 this morning, already 1,400+ points of profit potential;
Some are watching, some have already taken profits.
Clear levels, opportunity is right in front of us. Execution determines results.
Market waits for no one, operate cautiously. $BTC