$BTC As of the 1-hour timeframe, the price around 64,237 stopped falling, then began to range and rebound. The lows have been stepping higher, forming a short-term uptrend channel structure. After repeatedly accumulating around the 64,000–64,500 zone, the market broke through the 65,000 key level on increased volume, followed by a rapid rally to around 65,734, indicating that long positions have re-entered.
In terms of the pattern, after this leg up, there hasn’t been any obvious top structure. Instead, it has been digesting sell pressure in a sideways consolidation at high levels, forming a