Bitcoin Market Analysis: As expected, the American session saw a decline, which exceeded our expectations. However, the captured profits have been secured. Today, Bitcoin fluctuated higher, but the American session directly plummeted, giving back all the gains. This further worsened the bearish trend of the market, with Bitcoin remaining weak and bearish. Bitcoin faced pressure around the $67,000 mark in the American session, then fell below $66,000, and further accelerated its decline, briefly dropping below the $64,000 mark. It has since rebounded somewhat, but overall remains in a weak consolidation phase. The key resistance above is around $65,500, while the support below is around $63,500. For the latest updates, subscribe to the "Financial Retail Alliance" official account. Regarding the early morning market, Mr. Jin suggests focusing on short positions. For short-term speculation, entering the market is possible if there are consecutive bullish hourly candles (or downward wicks), but excessive greed should be avoided!

Short-term resistance: $65,500/$66,000 Short-term support: $64,000/$63,500

Real-time Bitcoin trading strategy:

• Initiate a short position above $65,300 in the early morning phase, with a target in the $64,000-64,300 range.

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