BTCUSDT: Bears regain dominance!Bitcoin / TetherUSBINANCE:BTCUSDTDomicChainaBTCUSDT remains within a bearish channel, with the latest recovery attempt stalled in the 64,500–65,200 zone. This area marks the confluence of the channel's upper boundary and a cluster of EMAs, indicating that the bulls lack the strength to reverse the market structure. In my view, if the price continues to face rejection below 64,800 and closes a 2-hour (H2) candle below 64,200, selling pressure could extend toward the 63,200–63,600 support zone. Shorting zone: 64,500–65,000 Target: 63,200–63,600 Invalidation: Clear H2 close above 65,200 Given the current situation, as long as BTC remains within the bearish channel, rallies are better suited for seeking shorting opportunities rather than chasing the price with long positions.