Morning public reference on the 7th:

1. Moving Average System
Short-term moving averages (MA10/MA20) are in a bearish alignment, suppressing the price downward below all key moving averages.

2. Candlestick Pattern
A top pattern formed in the early trading session today, indicating weakening bullish momentum.
The rebound around 70,000 was clearly met with resistance and pulled back.

3. Technical Indicators
MACD: Below the zero line, a death cross, green bars leaning bearish
RSI: Around 45, in a weak zone, quickly retreating from overbought conditions
Bollinger Bands: Continually narrowing, indicating a high probability of a downward reversal

Trading suggestion: Rebound to 69,000-69,500 then move south
First 🎯 68,000
Second 🎯 67,000 (cautious)

Concubine: Rebound to 2,140-2,150 then move south
First 🎯 2,100
Second 🎯 2,050 (cautious)
$BTC #Gate广场四月发帖挑战