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Bitcoin continued to exert downward pressure in the evening yesterday, continuously testing the low point. The lowest point reached was around 66200, which was very consistent with our evening thoughts. After touching the 66200 line, it failed to further break through and rebound, and entered a corrective phase. Currently, Bitcoin is oscillating around 67000. The short-term overall trend is still quite obvious, with multiple rebounds followed by declines. The bearish trend structure is still quite obvious, showing a trend of weak trend segments. The failure to form a sustained rebound indicates that the short-term market is still being restrained by shorts. Therefore, the overall trend is still weak, and the rebound of BTC is suppressed in the short term at 68000, so the short-term outlook is still weak, and the bearish view on the rebound remains unchanged!