Midday Analysis

Bitcoin has tested 67,749.7 on the 1-hour chart and faced resistance, with rebound momentum clearly weakening. After falling from the high of 71,530.4, the MA7 and MA30 are in a bearish alignment, and short-term moving averages continue to exert downward pressure. The support at 65,569.2 only triggered a weak rebound.

Combined with expectations of tighter macro liquidity, market sentiment remains cautious. Bullish funds are lacking follow-through, and the short-term trend is likely to continue oscillating downward.

Key support is at 67,000; a break below could lead to further testing of the previous low at 65,500.
Trading Suggestions
Short positions around 68,000-68,500, targeting 66,000-66,500
Short positions around 20,30-20,60, targeting 18,80-19,10