First, the conclusion: don't be fooled by this small rebound in front of you. A short-term rebound to 70k isn't a problem, but 76k is the slaughterhouse filled with the chips from the last rally, trying to rush through all at once? Difficult, too difficult.

bitcoin:native Now around 65k, you could say that the rebound from 59k to this level has been a slow buildup, but don't forget that the average cost for active traders is 76k, and the current price is still 10k away.
Before 76k is completely absorbed, don't expect a one-sided bull market. Patience is more important than judgment; position size is more valuable than opinions.
So what is the current pattern? Volatility, oscillation, and frustration. Both bulls and bears are testing, whoever shows weakness first will be out. But at least one fact is certain: the market has already tested the 50,000 price level for Bitcoin, and the resistance seems not very strong, so 50,000 is no longer a completely safe price.