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Yesterday, BTC repeatedly tried to push upward, but kept running into resistance and falling back. Overall, it still remains range-bound and choppy, but it doesn’t change the idea of going short—after giving a round of shorts, “Luo Dai” was also knocked out and eliminated. Overnight, it did rebound somewhat and attempted 64,000, but failed. A short position on the short-term chart is also an opportunity; but at midnight, we’ve already closed for the night. No matter how the market moves, it doesn’t affect us.
From the current perspective, this round of rebound in BTC is more like a technical correction after being oversold, not a trend reversal. Keep an eye on the 64,000 level—only if it draws in volume and holds steady there can it open the door to further gains toward the 66K area. Conversely, if it meets resistance and pulls back, it will most likely continue to move lower, testing the 61,000-62,000 area, and even to 6W.