Market View

Bitcoin is approaching the support at 64700, perhaps a position to go long

After consolidating between 69000-70000, Bitcoin has chosen to move down, currently running roughly according to the lines we drew

A small rebound after a short-term low at 65800

I believe there may be one more drop to 64700 and below

The specific area for buying should be between 64700-62700

The major support below is the bottom range of 57-40, and I still believe it won't reach that quickly (otherwise, I wouldn't know how to write the subsequent script)

Therefore, going long back at 60,000 is still worth considering

For the long term, I believe the range of 57-40 is a must-go, so 60,000 is not the lowest point of this bear market

If you do not participate in short-term/medium-term trading, you can also wait for the long-term buying area

Additionally, it can be seen that SOL has once again fallen below 80, and if it cannot stabilize at 80, I also believe that a final synchronized drop to 50 is a high-probability event

This does not mean I will short SOL; to a greater extent, if it can reach around 50, I would accumulate spot.