The morning market surged then pulled back, with bullish momentum weakening. The market shows a stepwise decline, and short-term selling pressure is gradually dominating.

Bitcoin faced resistance after reaching $69,250, then fluctuated lower with new lows, falling back to around $68,200. If it cannot quickly recover above $68,500, the correction may continue. Support levels below are at $68,000, and a break below could lead to further declines toward the $67,500-$67,800 range.

Ethereum's weakness is even more apparent, dropping from $2,005 to $1,975, breaking below the short-term support at $1,980. Currently, the $1,980-$1,985 zone is acting as resistance. If it cannot regain this level in the afternoon, the previous lows at $1,960 and $1,945 will be tested. #Gate广场发帖领五万美金红包 $BTC