Bitcoin continues to fluctuate within a consolidation range. Due to the escalation of tensions in the Middle East, market risk aversion has significantly increased, and funds are rapidly flowing into traditional safe-haven assets like gold. The overall liquidity in the crypto market has contracted, and the bulls have been unable to organize an effective upward push.

From the market perspective, the price has attempted multiple rebounds but has failed to stabilize. Trading volume continues to weaken, the rebound highs are gradually declining, and resistance above is increasing. The longer the consolidation cycle, the more concentrated the potential selling pressure becomes. If key support levels are broken in the short term, it could easily trigger a chain of stop-losses, accelerating the downward movement to find a bottom.

In trading, it is not advisable to buy the dip on the left side. It is recommended to maintain a bearish outlook, with shorting remaining the primary strategy. Risk management should always be prioritized, focusing on the effectiveness of support levels below. If key levels are broken, consider following the trend to short in the short term.

Bitcoin (BTC) can consider shorting if it rebounds to the $67,200–67,700 range, with targets at $64,200–63,200;

Ethereum (ETH) can consider shorting if it rebounds to the $1,990–2,020 range, with targets down to $1,920–1,860.

#贵金原油价格飙升
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