This afternoon, market panic selling intensified further, and the price of the coin dropped rapidly again. It broke below the support level of 65,000, with a low test below 64,500. Although a certain rebound has been observed, the downward trend of the coin price has not yet ended. Over the weekend, the market experienced a sharp decline, and combined with external news stimuli, the panic selling may further intensify. On the hourly chart, a large bearish candlestick formed quickly, indicating oversold conditions. The price broke downward through the triangle range, with the Bollinger Bands opening and expanding downward rapidly. The KDJ indicator lines are diverging downward quickly. The market trend has quietly shifted. Without significant news stimuli in the short term, the downward trend of the coin price is likely to continue. For the weekend, a bearish outlook suggests that short-term rebounds should be used for high-position short entries.