Yesterday, Bitcoin was in a low-level rebound and repair phase after a sharp drop. The price stabilized around 63,300 and started to rise again. After closing above the middle Bollinger Band at 63,468, we laid out the idea to go long around 64,000, with the target looking toward 65,500.

Today, the market’s pace matches this completely. Bitcoin rebounded from the lows all the way up, hitting a high of 65,996. The current price is now steadily running near the 65,500 target. The timing and targets of this rebound have been fully achieved. Ethereum also went long around 1,640 with a target of 1,750. The current price is following the recovery in sync as well—the rhythm matches.

From the current market structure, Bitcoin is still in a high-level consolidation phase after the rebound. The Bollinger Bands are opening upward, the middle-band support remains effective, and the short-term long (bullish) momentum is still continuing. This rebound is a technical correction following the sharp decline, not a trend reversal. The ongoing back-and-forth oscillation at high levels is a normal rhythm—just be patient and wait for the market to provide a new directional signal.