October 25, Friday, Bitcoin Evening Strategy!

From the one-hour technical structure chart, the price channel is oscillating and breaking down. The lower channel shows signs of opening up, but due to the slow pace, the pullbacks are accompanied by repairs. The frequent conversion of long and short volume is evident, and the oscillating downward pattern is already clear. For the upcoming short-term strategy, we will maintain a rebound to short.

At the four-hour level, the running channel forms a strong contraction, and is under narrow pressure from the upper track. The price is weakening and moving lower within the box, with bullish volume release hindered and showing weakness. The moving averages do not show a clear upward reversal, and the short cycle also indicates a further demand for decline. The short-term oscillation is apparent, with upward movements blocked showing a pullback. In the upcoming strategy, we will focus on participating in high shorts.

Personal trading advice for Bitcoin: short at the 68400 area, with a target of 67900-67400. If it breaks through, continue to look lower!