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Bitcoin’s highest rebound is 63410. After that, the upward strength has started to weaken. Currently, it has entered a sideways consolidation phase. Selling pressure remains heavy overhead, and there has not been a sustained upward breakout. This round is still a technical recovery after a decline; the overall bearish trend has not reversed. For the next steps, continue to trade in line with the trend and stay short at higher levels—do not blindly bottom-fish.
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