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The 1-hour level experienced a sharp decline with increased volume, breaking through the lower Bollinger Band. The bearish momentum is concentrated and being released, with the price entering an extremely oversold zone. There is no basis for continued downward movement in the short term, and a rebound correction is highly likely.
Key price levels for reference:
✅ Strong support: 66,800 (stability core level)
✅ Extreme support: 66,300
✅ First resistance: 67,800
✅ Second resistance: 68,500
Trading suggestion: Pullbacks to around 65,800-65,300 can be considered for long positions.
First target: 66,800
Second target: 68,800#btc