Bitcoin is currently fluctuating around 66,000, with moderate rebound strength. It gets pressed upon upward attempts, and the initiative still remains in the hands of the bears. Since the high point of 70,938, the peaks have been continuously declining, indicating a weak structure. The Bollinger Bands are narrowing, resembling more of a consolidation phase rather than a reversal. The overall strategy remains to prioritize short positions on rebounds.
Bitcoin
Short around 66,600—67,500
Target 65,000, break below targets 63,600, 62,000
Altcoin
Short around 1,950—1,990
Target 1,870, break below t
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