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Bitcoin Evening Analysis
Bitcoin is currently oscillating repeatedly around the 70440 support level, showing weak momentum, which is not a positive signal.
The current triangular structure is highly correlated with the 70440 support
• Holding 70440: Still has room for consolidation and recovery
• Breaking below 70440: This round's small-cap bullish structure directly fails, then watch the 69227 support
69227 has stabilized multiple times during weekdays previously, but testing again during weekend sessions, support strength is concerning
• 69227 breaks down → explores 68371
• 68371 breaks further → phase bullish pattern destroyed
Truly breaking the hourly bullish trend requires breaking below 65916.
In other words: before breaking 65916, the hourly bullish structure remains intact, just transitioning from strong to weak momentum.
To restart the rebound, must re-establish position above 71272, otherwise rebound space is limited.
Operation Suggestions:
Volume breakout above 70700 with consolidation: chase longs on the right side, targeting rebound 71272–72201
Volume break below 70025 with failed retest: chase shorts on the right side
4-hour break below 70080 without quick recovery: 69128 support below is in danger
$BTC #Gate广场AI测评官