Bitcoin (BTC) Daily Price Action: Oscillation Game Under the "Fed Rate Hike Shadow"



**Overall Directional Judgment:** Oscillation with downside bias (recovery after oversold), but overall downward pressure persists. Short-term lacks conditions for significant rallies. Avoid blindly chasing highs.

**Downside Support Zones:** Primary support level at 69500–69800 USD. If this zone breaks, price will further test the previous low of 68750 USD, with potential touch of 68500 USD critical support in extreme scenarios.

**Upside Resistance Zones:** First target resistance at 71500–71800 USD. After breaking through, faces strong pressure zone at 72500–73000 USD. Probability of price returning above 74000 USD is extremely low.

**🔹 Focus on shorting**
Entry Zone: Around 70800–71500 for shorts, Target 69200-68500 nearby
BTC-0,75%
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