Wednesday's decline was smooth and steady, with the bears maintaining a decisive rhythm. Next, focus on whether the non-farm payrolls can further boost the bearish momentum.

Intraday rebound strength is clearly insufficient, with prices quickly falling back after a rally. 66,000 is a key level; once it is broken, the rebound difficulty increases, and the downside space is expected to open further. Even if non-farm payrolls unexpectedly surge, the trend is more likely to rise first and then fall; if the data is neutral or slightly bearish, a direct continuation of the decline is highly probable.

The rhythm is set around the US session; a rebound near 68,600 can be considered for short positions, targeting the 63,800-61,600 range.

Ethereum is weakening in tandem; after breaking below 2,000, watch for support at 1,830-1,680.

With the Spring Festival approaching, control your positions, implement good risk management, and staying steady is more important than anything else.
$BTC #我在Gate广场过新年