Don't be fooled by the rebound: the trend hasn't broken, and the key levels have already been indicated



The weekly chart forcibly closed with a large bullish candle—whether it's a genuine reversal or a trap to lure more buyers, further observation is needed.
The current downward trend line has not been effectively broken, maintaining the previous judgment: this rebound first targets the 70k level, with a subsequent expectation of a pullback. The current rebound seems more like an accumulation of bullish liquidity, preparing for a shakeout of positions in the next phase.

On the external front, the Nasdaq and S&P are approaching resistance levels, and the US stock market adjustment is not over. With CPI and PCE data releases this week, market volatility is likely to increase.
At the same time, this week is also critical for geopolitical developments. If tensions do not ease as expected, market uncertainty will further rise.

Operational references:

• If it stabilizes above 70k, the rebound limit is around 74K

• For short positions: watch the two major resistance levels at 70k and 74K

• For long positions: focus on the support level at 62.6K

Overall, the focus remains on key level battles. Avoid blindly chasing longs or guessing bottoms prematurely. $BTC $ETH #Strategy再增持4871枚BTC
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