The weekly level is still in a downtrend, not yet stabilizing above 66K. If the weekly closes above 66K, resistance levels to watch are 71K and 73K, with weekly support at 54K-50K forming a bottom.

The daily level can remain bullish as long as it does not break below 60.8K. Personally, before the larger cycle breaks below 59K,

It needs to test liquidity around 71K before breaking down. If the price later reaches above 71K, a short position on the daily level can be considered.
A 4-hour retracement from 59K to 67.2K, the 0.618 Fibonacci level (62.2K), provides support and suggests continued upward movement, especially if it stabilizes and breaks through 64.6K.

And if it returns within the upward channel, a breakout of the previous high at 67.2K can be expected. Currently, as long as it closes above 63.2K, the bulls have the advantage.

Intra-day focus should be on retracement buys, paying attention to 63.2K, 62.2K, and the 60K level.

Personal strategy:

Try long positions on retracements to 62.2K with stop-loss, and buy in batches around 60K-59K.

Attempt short positions with small size on a light rebound at 64.6K with stop-loss, and short in batches between 68K-70K. $BTC