【Panel Early Report: Support Turns Resistance, BTC Enters $67K Defense Battle!】

Technical Analysis: BTC on the 1-hour level has officially broken below the previous consolidation box bottom, touching around $67,317. Currently, the Alligator three lines are diverging downward, showing a standard bearish formation. Although MACD shows signs of divergence at the bottom, the green histogram momentum is extremely weak.

News: The market is still digesting the "hawkish aftereffects" from the 3/18 FOMC. Although SEC/CFTC granted 16 coins the designation of "digital commodities," it's too little too late. Short-term liquidity is suppressed by inflation expectations from the Middle East energy crisis, and institutions appear extremely cautious after selling below $75,000.

Trading Direction: High selling, low buying, abandon longs, go short
Short Entry Points: 69,200 - 69,500.
Rationale: This is the "double resistance zone" of the 0.236 level and previous support. If it fails to break through on a retest, it's an excellent second wave short entry.
Take Profit: Around $65,500.

Longs: Left-side Ambush Point: $65,500.
Rationale: This is the trend line support on the weekly level and near the daily MA120. There will likely be a decent "dead cat bounce" rebound here.
WARNING!!!: If $65,000 closes below with a real body, you must unconditionally stop loss and exit. The abyss lies below.

Trading Advice: This kind of gradual decline is most afraid of repeated bottom-fishing. Wait for a volume spike with a long lower wick before considering entry. Are you currently in cash watching or caught in a position? Report your entry point in the comments and I'll help you analyze! #Gate13周年全球庆典