$ETH only takes liquidation, and returns to the initial position, Shit!!!

Institutional thinking and the wealth code are available in the Institutional Password Learning and Training Camp or for registered users. Android users can subscribe directly by clicking the content, and the official Apple subscription link is: https://www.gate.com/zh/profile/K Digital Password Line Taking BTC as an example, below 66363, the bears are strong; taking ETH as an example, below 1992, the bears are strong. Bearish is the main trend, with bullish as a supplement.

3.30 Morning Analysis From a technical perspective, Bitcoin's 1-hour chart shows a surge that broke below the lower Bollinger Band, breaking the previous high-level consolidation pattern. The price dipped to a low of 64,998. Moving averages are in a bearish alignment, and the KDJ indicator shows a death cross with downward divergence. Short-term bearish momentum is strong, with very weak rebound strength, indicating a clear downtrend. On the news and market sentiment front, risk aversion has increased, with signs of capital fleeing the market. Bullish confidence has collapsed, and buying support is weak. Macro-wise, the Federal Reserve's policy expectations are tightening, the dollar is strengthening, which suppresses risk assets. Coupled with short-term negative news disturbances, this further promotes a bearish trend. Overall, the combination of technical breakdown, pessimistic sentiment, and macroeconomic negative factors creates a resonance that currently shows no signs of reversal. Rebounds are opportunities to short, and the price is likely to continue downward. Attention should be paid to key support levels below. Trading suggestion: 66,500-67,000, target 64,500-65,000.