心如大魔王

Is the BTC short position panicking? A 64,700k sideways range— the market is waiting for the final breakout!
Brothers, this BTC rebound has been stronger than many people expected.

From the start at 57.7k to around 64.5k now, the biggest change isn’t the magnitude of the rise—it’s that it simply can’t fall anymore. Previously, many thought 66.9k was the rebound top and that it would quickly return below 60k, but the market has been consolidating at high levels and hasn’t given shorts the comfortable downside space.

So what does that mean? Low-level holders are reluctant to sell, and the market is waiting for a new direction. From a technical perspective: BTC has already reclaimed the short-term trend.

Right now, focus on two key levels:
- Below at 63k is the short-term long defense zone. As long as it doesn’t break, the rebound structure remains intact.
- Above at 67k is the previous high resistance level, and also the last line of defense for shorts. If it breaks above 67k with volume, market sentiment could quickly reverse, and the next target would likely be around 69k.

The biggest disagreement in the market now is this: shorts believe the bearish market after the top at 126k hasn’t ended yet.
Longs believe 57.7k may have already completed an interim bottom.
But price will never cater to either side.

Short-term plan: don’t chase the middle area at 64.7k; instead, look for longs around a pullback to 63k, where whether buyers step in will decide.

If it breaks 67k, assess how strong the continuation trend is. If it falls back below 63k, reevaluate the risk that the rebound has ended.

Next, there’s only one job: prove whether the area around 60k is truly a bottom region—or just another rebound within the bear market.
#BTC走势分析 $BTC

$64000, is this the bottom or the end of the rebound?

After topping at $126000, BTC has gone through:

12.6w → 8w
Rebound to 9.8w
Dropped to 6w
Rebound to 8.2w
Dropped again to 5.77w

Now, BTC has rebounded from 5.77w to 6.69w, and then pulled back to around 6.24w.

Many people are starting to say the bull market is back, but I don’t think we can rush to conclusions yet.

Technically:

$6.24w is the short-term lifeline.

If it holds here, BTC still has a chance to challenge again:

6.69w → 6.9w weekly mid-band → 7.2w

If it breaks below 6.24, it would suggest that 6.69 might have been the high of this rebound, and the market may seek out 5.77—or even lower—again.

Right now, the most important thing isn’t guessing the bottom, but whether the market can reclaim key resistance.

In the final stage of a bear market, the biggest opportunities often appear when everyone is hesitating.
#比特币收复6.4万美元关口