Fierce battle between bulls and bears at the BTC 68,000 mark, early market outlook

Market Observation: BTC short-term pullback pressure is emerging. On the 1-hour timeframe, price has fallen sharply below the EMA7 and EMA30 moving averages with increased volume, and is now suppressed near 69,000. The MACD bearish crossover momentum continues to expand, and the RSI has retreated to the weak zone at 46.44, indicating short-term bears are in control and the strength of any rebound remains to be seen.Morning "Qian" Outlook ReferenceBullish Ambush Zone: Around 68,000 (strong EMA120 support and key round number); strong support level at 67,000.Bearish Resistance Levels: Initial resistance at 69,000 (near EMA30); strong pressure at the previous high, 70,000.Risk Control Life Line: Stop-loss for long positions at 66,500; stop-loss for short positions at 70,500.Monitoring Recommendation:The current market is in a weak recovery phase; pay close attention to the buy-side absorption and changes in trading volume near 68,300 for precise signals of trend shifts on the 1-hour chart.