How to view short-term market trends???

Currently, Bitcoin's short-term movement seems more like a correction after a decline rather than a trend reversal. This slow upward trend is essentially closer to an ascending wedge pattern, and we should be cautious that each Fan bounce high could potentially become the starting point of the next decline.
The true bottom of a bear market is often accompanied by strong, continuous, and volume-driven upward movements, and such signals have not appeared in this round of bear market yet. Therefore, the current rebound should be better understood as a correction rather than the start of a new rally.
In the short term, focus on the resistance around 64,500-65,500. If the rebound weakens again at this level, there is still a possibility for the market to continue downward. The larger resistance zone is around 68,500-70,000, which is also a key area to watch for potential short positions in the future.
Overall, I still believe the market has one more important bottoming process. The 55,000-49,000 range remains a key accumulation zone to watch in the future, and it is also a support zone below. If panic selling occurs within this accumulation zone, there is no need to hesitate—just go all-in on spot buying.