The overall trend of the white plate remains in a good rhythm. After a pullback to around 65,600 support in the early session, the market began to oscillate and move upward. Both bulls and bears have room for operation. Currently, the highest rebound is around 68,500.

From the current market structure, the 4-hour timeframe has entered a critical watershed area between bullish and bearish. Although there has been a clear rebound recently, considering key resistance suppression, volume support, and moving average arrangements, the short-term upward momentum has gradually weakened, and the market is leaning more towards sideways consolidation with a bearish bias.

The current upward movement is losing strength, and the risk of a breakdown on the downside continues to accumulate. From a larger cycle perspective, since the price retreated from the high of 74,000, it has maintained a pattern of gradually lowering highs. This rebound is more of a weak correction within a downward trend rather than a trend reversal. Therefore, subsequent operations are still recommended to focus on shorting from high levels.

Bitcoin rebounds around 68,500-69,300, with support at 66,500-65,500; a break below suggests a further decline toward 63,000.
Altcoins rebound around 2020-2060, with support at 1930-1800.