BTC has repeatedly attempted to reach 64,000 but has not touched 65,000. Is it still possible to reach 65,000?

First, looking at the weekly chart for BTC, the weekly candle shows a significant drop accompanied by heavy panic selling, causing the price to accelerate downward. However, compared to the volume during the first test at 59,800, this time the volume is relatively low, so this decline still falls far short of the first test at 59,800. In other words, this level is probably not the bottom; there will likely be larger volume and continued selling to find a lower bottom. But this time, the price broke below 59,800 and then recovered, so it might not fall below that level so quickly next time.
Next, let's look at the daily chart. After the first drop below 59,800, there was a rebound with a bullish candle, but the next day closed with a small doji-like bearish candle. Compared to yesterday, the volume did not significantly decrease. This indicates resistance and selling pressure during the rebound, and the market's bearish sentiment remains strong, suggesting a downward correction trend.
Finally, let's examine the 1-hour chart. Currently, the 1-hour timeframe is still in a bullish upward trend, with the lows and highs gradually rising. However, last night, there were multiple attempts to break through 64,200, but none succeeded, and no higher high was created. The bullish momentum encountered resistance during the rebound. Why can't it go above 64,200? Because the downward pressure is too heavy, and it can't be pulled up. From funding rates and volume data, we see that many traders are chasing longs in this rally. If the price is to go higher, it must shake out these long traders.
Focus on the following key levels: The first is around 62,000. Ideally, the price should have come here first before rebounding, but it didn't fill this gap and instead pushed up to around 62,300. Retail traders are too eager to chase longs, so today the first support test will be at this level. After testing, observe whether it holds; if it does, there is still a chance to reach 65,000.
The second level is a key support zone. If the price breaks below 61,100 and fills the gap at 61,000–60,800, while also testing support around 60,300, and if it can hold with increased volume and recover, then this is a buy signal targeting 65,000. If it fails to recover this level, the price will continue to decline. #Strategy低位加仓1550枚BTC