BTC 1-hour chart: Very straightforward: Broke below the channel, rebounded but encountered resistance and turned downwards. Currently a strong downtrend. However, the short-term drop has been too rapid. Chasing shorts intraday is not worthwhile. It's best to wait for a rebound to 69850-70200 before looking for a sell signal. But "bottom fishing" in futures contracts is still quite risky. --- Join Discord discord.gg/YW3rxynb8Y