The US national debt is recognized as unsustainable Jerome Powell officially acknowledged: the US economy is not keeping up with budget appetites. The gap between debt growth and GDP growth has become critical. Powell emphasized that "this cannot continue indefinitely" and called for immediate structural reforms to avoid a harsh scenario in the near future. $BTC ‌$ETH ‌$USDC ‌

The earliest sign of a $BTC bottom will be a clean breakout of the macro downtrend that started at $126k. As long as price is trading below that trend, expect shallow bounces and endless chop. No need to overthink it — Trend defines the environment. #BTC #BTCUSDT

This morning, Bitcoin experienced a second rebound and tested the resistance level at 68,130. Although it briefly broke through, it did not stabilize above it. Currently, on the hourly chart, Bitcoin has broken below the triangle consolidation pattern. Previously, during two rebounds to 68,188 and 68,419, although the highs were getting higher, the closing prices never held above 68,000, forming a clear double-top pattern, which is typically a bearish signal. Now, on the hourly chart, a head-and-shoulders pattern has formed, with the key neckline at 66,229. Once this level is broken, the head-and-shoulders pattern is confirmed, and the price will first test the support zone between 65,512 and 64,930. If this support cannot hold, the next target will be 63,949. If the support holds, the price will fluctuate between 64,930 and 66,229. However, if the price effectively breaks below 66,229, the previous upward trend will be invalidated, and a decline will be confirmed. Only a regain above 66,732 can stop the decline; if it cannot recover, the downward movement will continue.