$BTC Large pancake 15-minute double-line high-push test 66363 strong pressure. After the bulls, the momentum completely can’t keep up. Under pressure, it quickly falls back to around 65800, and the sell pressure above concentrates in a burst. In the morning, multiple attempts to probe higher repeatedly failed to hold its ground. The buy side lacks follow-through, making the sideways consolidation pattern clear. Although net fund inflow is positive, the price weakens, indicating that supply from the high level is crowded together. Don’t fantasize about quickly making new highs in the short term. Focus on the 65500 support level. Once it breaks, downside room will open.
Trading idea: set shorts in the 66000–66500 zone, with the first target at 64200–64600
$LAB $LAB The uptrend has been completely brought to an end; the main forces will no longer initiate a long-term rally. Hitting new highs is already a luxury. The idea of repeatedly bottom-fishing and going long is nothing more than a self-soothing fantasy. I remind everyone: after a surge, the coin that collapses and pulls back—blindly bottom-fishing and going long is extremely high-risk behavior.
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