$BTC
– Short-Term: Weak Fluctuations Seeking a Bottom 🛡️
• 📍 Entry: 66,700 – 67,500 (15min Moving Average Convergence Zone/Previous Rebound Low)
• 🛑 Stop Loss: 65,700 (Breaking below the 24h low may trigger further panic selling)
• 🎯 Take Profit: 68,315 (Swing High) / 70,000 (Psychological Resistance Level)
⚠️ Reasons
• Low Sentiment: The Fear and Greed Index has fallen to 9 (Extreme Fear), confidence in bulls has been damaged after BTC broke below 70k, and the market lacks catalysts.
• Technical Convergence: 15min price oscillating between EMA7/25/99, MACD histogram shortening, indicating a stalemate in the battle between bulls and bears.
• Macroeconomic Pressure: Affected by the U.S. stock market and news of Trump's nominee for the Federal Reserve chairman, risk assets are generally under pressure
