Weekend Quick Update — BTC Previously, when BTC was still at 69443, Sugar Bro mentioned that the bullish momentum on the hourly chart had already dissipated, suggesting a pullback was likely. As expected, the price plunged by 4000U, slowing down only after hitting the short-term support at 65198. Looking at the current market, all levels are still showing a standard bearish structure. Preparing for further downside is necessary. Any upward movement is likely a bull trap and not worth participating in, but you can consider selling high after a rebound. So, just two key points to repeat: 1. On the daily chart, be cautious of repeated movements around this level, which could form an M-top pattern and lead to a third wave of daily-level declines next week. 2. All current long positions are essentially counter-trend trades within a bearish trend. These are short-term plays and should not be held for the long term. Use pullbacks to enter positions. Short-term support: 64418-63420 (trade short-term, slow decline 1:2, quick in and out). Second support: 60610-58166 (catch the rebound on sharp drops, 1:2 orders can be placed). Short-term resistance: 68401-69438. Second resistance: 75180-77336. Note: If there’s a news-driven move, whether bullish or bearish, the second levels remain valid. Previous major levels and strategies are still applicable—organize them yourself. (Below 50K, you can consider DCA; below 40K, sharp drops are good for bottom fishing). $BTC