Bitcoin continued its weak momentum from the weekend in the early morning hours today. After opening, it rebounded slightly to around 68,500 but faced selling pressure and declined. Subsequently, it moved lower with fluctuations, accelerating downward around 4 AM, touching a low of around 67,300. After hitting the low point, the market showed a technical rebound, with prices gradually recovering to around 68,200 for consolidation. The overall morning session showed a "bottom-probing rebound with low-level fluctuations" pattern, but the rebound strength was limited, currently retesting repeatedly around 68,200. Ethereum has returned to its previous consolidation range, with the entire market bottom needing attention on whether the 2,000 level breaks down. From the four-hour level, Bitcoin is in the low-level fluctuation stage within a downtrend. K-line formations show a descending oscillation channel with consecutively lower highs and new lows. Bollinger Bands are expanding downward, with price trading along the lower band and the middle band continuously moving down to around 69,793 forming resistance. MACD fast and slow lines are death-crossing below the zero line, with green column momentum continuing to expand. KDJ indicator is dull at low levels but hasn't formed a golden cross. While short-term rebounds are needed, the strength remains to be observed. From the daily level, Bitcoin has closed negative for multiple consecutive days. If today closes below 68,000, it will further confirm the breakdown. The daily K-line has broken below the 60-day moving average support, with the 5-day and 10-day moving averages turning downward to form resistance. MACD fast and slow lines death-crossed above the zero line and are accelerating divergence downward, with green column momentum continuing to expand. The daily-level adjustment is still ongoing with no clear stop-loss signals yet. Currently, pay attention to whether 68,000 shows a key stop-loss signal; if one appears, there will be room for further rebound recovery. Early session strategy can try long at low levels. Bitcoin can go long at 67,500-68,000, targeting around 69,500. Ethereum can go long at 2,020-2,050, targeting around 2,100. #加密行情震荡

Coin界 News reports that according to Coin Bureau's tweet: The U.S. Securities and Exchange Commission and the Commodity Futures Trading Commission have classified 16 cryptocurrencies as "digital commodities," including Bitcoin, Ethereum, Ripple, Solana, Cardano, Avalanche, Polkadot, Chainlink, Litecoin, Bitcoin Cash, Stellar, Hedera, Tezos, Dogecoin, Shiba Inu, and Aptos.

ETH Live Trading Follow-up + Subsequent Strategy The 2032 long position has already moved 30+ points, I have completed a second round of position reduction, profits are locked in. Core position continues to hold, targeting the 2075-2081 zone, Will confidently reverse to short when reached. Defensive stop loss: 2095 Executing according to plan, staying calm and composed. ⚠️Risk Disclaimer: The above is only a personal trading idea share and does not constitute investment advice. The market carries risks, trading requires caution, do not blindly follow positions, strictly implement position sizing and risk management. #Gate13周年全球庆典