Currently, Bitcoin is trading within a narrow range around 67,000, with significant resistance at the 68,300 level. The previous rally left a long upper shadow, indicating strong selling interest at higher levels. The overall trend is in a rebound correction phase, with prices repeatedly consolidating near the midline, showing a clear battle between bulls and bears. The trend has not yet fully weakened, but upward momentum has noticeably diminished.

On the one-hour chart, the price has rebounded from a low of 66,200, but the rebound is weak and lacks continuity, indicating a technical retracement rather than a strong reversal. Recently, the price surged to around 67,200 but faced resistance and pulled back again. Selling pressure above remains, and the market shows a weak oscillation pattern with resistance above and support below.

Trading reference:
Bitcoin: Buy in batches within the 67,500–68,000 range, aiming for around 66,000 #BTC