Last night, BTC surged near 7.38 million and retreated with consecutive large bearish candles after encountering strong resistance, touching a low near 7.04 million. The trend is clearly weakening. Even if a rebound occurs today, it would be more of a bearish correction, with key support at the 6.8 million level.

BTC has repeatedly tested the 7.4 million resistance level and failed to break through, showing significant pressure. Currently, K-line continues to run below the moving averages, under pressure and declining, with insufficient rebound momentum. Overall remains weak, expect further downside.

BTC's subsequent rebound at 7.13-7.18 moving south, looking down at the 6.85-6.8 range! #BTC #ETH