【Market Morning Report: Support Turns Resistance, BTC Enters the Battle to Defend $67K!】

Technical Analysis:
BTC has officially broken below the previous consolidation box on the 1-hour timeframe, touching around $67,317. Currently, the Alligator lines are diverging downward in a standard bearish alignment. While MACD shows signs of divergence at the bottom, the green histogram momentum is extremely weak.

News:
The market is still digesting the "hawkish hangover" from the 3/18 FOMC meeting. Although the SEC/CFTC granted "digital commodity" status to 16 tokens, it's not enough to help in the short term. Near-term liquidity is being suppressed by inflation expectations from the Middle East energy crisis, and institutions appear very cautious after selling below $75,000.

Trading Direction: High sells and low buys, switch from longs to shorts.

Short Entry Levels: $69,200 - $69,500
Reasoning: This is a "double resistance zone" combining the 0.236 retracement level and previous support. If price can't break through on a pullback here, it's the perfect wave-2 short setup.
Take Profit: Around $65,500.

Longs - Left-side ambush point: $65,500
Reasoning: This is weekly-level trendline support and also near the daily MA120, where a decent "dead cat bounce" is likely.

WARNING!!!: If $65,000 closes below in a daily candle, you must unconditionally stop-loss and exit. There's a deep abyss below.

Trading Advice: This type of gradual decline is most dangerous for repeated bottom-fishing. Wait for a volume spike with a long lower wick before considering entry. Are you currently in cash waiting or are you trapped in a position? Comment your entry point and I'll help analyze! #Gate13周年全球庆典