⭐ Bitcoin BTC Today's Market Update ⭐

Bitcoin touched the bear market valuation bottom area around 59,000, with the fear and greed index dropping to 9. Market sentiment is pessimistic, but signs of ETF replenishment are beginning to appear. Today, the price has climbed from the bottom all the way to 64,600, with several small green candles steadily pushing upward, temporarily halting the decline. This recovery is stronger than expected.
However, the overall trend is still a rebound within a downward channel, not a trend reversal, more like a correction after an oversell.
On the daily chart, the price still needs to stabilize and recover above 66,000 before a bullish reversal can be confirmed. 68,200 is the extreme bullish target.
Resistance above: 64,700~65,500
Support below: 63,500~62,800
Today's outlook: Overall leaning towards a bullish rebound continuation, with short-term structure stabilizing and ETF turning into net inflow, but daily resistance remains heavy, so this is a rebound idea, not a reversal. After clear signals appear at higher levels, consider shorting on rallies. #我的Gate交易时刻