Reviewing the afternoon market, Bitcoin started a new round of decline from the 67,000 level, dropping to a low of 65,400 before stopping. Subsequently, the bulls launched a strong rebound, and currently the price has risen back to around 66,000.
From a technical perspective, this rebound is more like a normal technical correction under the dominance of bears, and the overall bearish pattern has not been reversed. The decline was driven by continuous solid bearish candles, with the bears actively increasing their positions to suppress the price; the subsequent rebound, although seemingly rapid
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