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Yifan Afternoon Analysis
From the daily K-line trend, Bitcoin is currently quoted at 68,500, with an intraday high of 68,700 and a low of 65,946, showing a rebound from oversold conditions with a positive candle.
Core view: The current price is stuck near a key resistance level, so avoid blindly chasing long positions. The 68,700-69,200 range for Bitcoin and the 2,130-2,150 resistance zone for Ethereum have not been effectively broken through. Today, you can consider short positions based on this resistance zone.
Unless the price stabilizes continuously at the current level, the overall strategy remains to short on rebounds! $BTC