2.27 Midday

Yesterday's price slightly retraced, stopped falling after a rebound, and overall showed a sideways trend for the day, with volatility slightly leaning bearish.

On the four-hour chart, attempts to break above the 70,000 level were unsuccessful, followed by alternating bullish and bearish candles and a stepwise decline. The MACD bullish momentum continues to diminish, indicating that the current bullish strength is weakening, and the market remains mainly volatile. In terms of trading, consider shorting on rebounds when facing resistance.

The first major support is around 68,200, with a target near 69,200, and further down around 66,000; if broken, look for support at 64,800.
The second major support is around 2,060, with a target near 2,100, and further down around 1,920; if broken, look for support at 1,880.
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