Bitcoin continues its downward trend from the previous day. Yesterday, it surged to around $69,400 before entering a high-level consolidation. In the afternoon, it reached $68,920 and faced selling pressure, turning weaker and initiating a one-sided decline. The price dropped to around $65,550 in the evening, found short-term support, and then rebounded slightly to recover. Currently, it is trading around the $66,300 range. Technically, the price shows a weak structure with lower highs and broken lows. The short-term moving averages are clearly bearish, and although some buying interest has appeared at lower levels, the rebound momentum remains weak. Overall, the market remains dominated by a bearish trend. Over the weekend, focus should be on whether the $65,550 support holds effectively and the strength of the rebound in the resistance zone above, while remaining alert to a potential second directional move after a range-bound correction.