Currently in a significant downtrend volatility expansion phase: the short-term focus is on the massive negative gamma zone at $67K. If it breaks below this level or $65K, the hedging actions of market makers could easily trigger a rapid price decline and severe fluctuations; Meanwhile, there is strong positive gamma resistance around $69K above, limiting the rebound potential. In the short term, the market is showing a bearish pressure pattern of "easy to fall, hard to rise, and high volatility." #bitcoin