Monday Morning Bitcoin Outlook


Bitcoin last night continued to decline from around 67,000 down to 65,000. A single large bearish candle released obvious bearish momentum, breaking the short-term structure. The current market more reflects continued weakness rather than a stabilization or reversal, and no clear phase bottom signals have appeared below.

Although there was a rebound this morning, it does not indicate a shift to strength. Until the trend reverses, I prefer to interpret the rebound as a technical correction. Currently, the price is around 66,500, and I maintain a bearish outlook with further downside potential.

Trading Strategy Reference
Watch the 67,000–67,500 resistance zone for potential short entries, aiming for a target of 64,000–64,500.
For altcoins, monitor the 2000–2030 high resistance zone; maintain a short position strategy with targets around 1830–1860.

Control position sizes, strictly set stop-losses, and follow the plan. The more volatile the market, the more it tests patience and discipline.
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