Bt

3.4 BTC ETH Market Analysis and Trading Strategies
The current market is in a range-bound consolidation, with BTC moving back and forth between 65,000 and 70,000.
On the daily chart, the overall trend remains bearish, with the 5, 10, and 20-day moving averages all trending downward. Prices are under pressure below all moving averages, and rebounds should be viewed as a trap for late buyers. Without a firm hold above the 68,500–70,000 zone in the short to medium term, a reversal cannot be confirmed.
The 4-hour chart shows a downward channel, with resistance at 68,500–70,000 and support at 65,00

3.1 Bitcoin Analysis
Bitcoin surged to 68189 quickly pulled back, forming a short-term double top on the 1-hour chart. It has broken below the MA7 moving average (66607.5) and the moving average is turning downward, indicating exhausted upward momentum. The volume-price divergence is obvious, with the bearish candlestick body enlarging, and selling pressure continues to accumulate.
Currently, the price is temporarily holding at 66400. Strong support below is seen at the MA30 (65903.3) and the 65500 range. If these levels are broken, the price may decline to 64000-63500. Combined with Federal R