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$BTC Today’s reference:
1. Daily chart: Still within the medium-term downtrend channel. The rebound is a correction after a decline, not a reversal; MA30/60/90 continue to press downward, with lower highs, indicating a complete bearish structure.
2. 4-hour chart: Converging triangle consolidation, upper resistance at 71600–72500, lower support at 70000–69500; rebound with low volume, insufficient bullish momentum.
3. Weekly chart: Confirmed bearish divergence, after continuous decline the rebound is weak, indicating a bearish longer-term outlook.
Trading suggestion: Consider going short near 69000–69500 during a rebound
First target 🎯68000
Second target 🎯67000
$BTC #Gate正式接入Polymarket