Early signs of weakness continue, maintaining a weak rhythm. The rebound strength is very limited. After the high point at 795 is established, the price has been moving lower all the way. Even if there is some recovery in between, it is difficult to sustain bullish momentum—any rebound is more of a short-term correction.
The market remains under pressure on the order book side, and there is still no signal indicating a bottoming and reversal.
On the news front, disturbances appeared at the venue of the early-morning hearing involving Bessent, where protesters caused disruptions. Market sentiment is also relatively cautious. The Federal Reserve interest-rate matter is expected to be coming up early this morning, likely bringing another major move.
In terms of trading:
In the morning, follow through with the weak pattern. Continue shorting on a mild rebound. Short in the 763–777 range. First target is 749, with further expectations toward around 735 $BTC #美联储加息是否已成定局 #美参议院否决CLARITY法案
The market remains under pressure on the order book side, and there is still no signal indicating a bottoming and reversal.
On the news front, disturbances appeared at the venue of the early-morning hearing involving Bessent, where protesters caused disruptions. Market sentiment is also relatively cautious. The Federal Reserve interest-rate matter is expected to be coming up early this morning, likely bringing another major move.
In terms of trading:
In the morning, follow through with the weak pattern. Continue shorting on a mild rebound. Short in the 763–777 range. First target is 749, with further expectations toward around 735 $BTC #美联储加息是否已成定局 #美参议院否决CLARITY法案
