$BTC As we expected, $692,000 (the historical peak in 2021) has become a significant barrier for Bitcoin. So far, no 4-hour closing price has successfully breached this level, and we have observed clear retracement signals on the recent 4-hour candlestick charts. Currently, I am closely monitoring the price range changes on Monday, but we expect $68,000 to be a key support level.

If this support level is lost, Bitcoin may further decline to around $665,000. However, if Bitcoin can close above $692,000 within a 4-hour period, it may quickly approach the historical peak.