$BTC Weekend market trends are mainly characterized by oscillatory corrections, with the short-term chart forming a small upward channel, but overall still constrained by the larger downward channel, and the rebound has not changed the overall bearish trend.

This round of rebound mainly results from short positions being concentrated and taking profits, with positions decreasing as prices rise in the morning. Combining channel trend lines, naked K-line support and resistance conversions, trading volume distribution, order book data, and liquidation data, 65,000 is the key dividing point for this round of market.

Regarding the future trend, do not preemptively predict whether the trend will continue or reverse; adhere to right-side trading, and wait for clear trend signals before choosing to participate.

Currently, the main spot accumulation is still relatively low, mainly relying on contract control, and overall, there will at least be a retracement to lower demand levels.

Previous high-level short sellers can attempt to add positions around 650, while also setting a defense at 660.