Weekly close completed
Right now the weekly close still hasn’t been able to break through 65,000
The weekly chart looks at the overall BTC/ETH market structure
And also from the weekly MACD
For BTC/ETH, the weekly bottom divergence is valid
At the moment, we just need to see how long this rebound can last
Currently, the resistance zone above BTC lies between 65,000 and 70,500
If this range is broken, BTC can challenge the previous highs and fully repair the weekly divergence

Of course, there is another scenario: if the 65,000 to 70,500 range cannot be broken, then after a prolonged period of consolidation it will also repair the weekly divergence, and then it will go back to test 58,000
A retest of 58,000 could also lead to a breakdown

At the moment, the two scenarios: Commander tends to favor the first one

This trendline is being tested for the second time. Even if the rebound strength is weak, it shouldn’t be that little—it should at least challenge the middle or upper part of the resistance zone

Also, currently, the liquidation above is greater than below

Overall, we still expect a rebound at the weekly level

For the short term, look for entry points on the smaller timeframe: $BTC