In early trading today, risk-off sentiment surged due to a sudden piece of news, and BTC followed suit, falling through the key psychological level of 62,500. Later in the afternoon, sentiment was released further; after a second pullback retested and held below 62,500 support, the market quickly moved into a bottoming rebound and repair.

Looking beyond appearances, the market has emitted an important signal: the market’s sensitivity to sudden news and volatility is being dulled, and the rate at which panic is being digested is clearly accelerating. The rapid rebound in the afternoon shows that this round of pullback is only a pulse-like short-term disturbance; it did not break the technical structure of the upward range-bound move. The overall rebound pattern on a larger scale remains firm.

Overall, in the current short term, you should stay steady and continue with the core idea of buying after pullbacks. There’s no need to be overly anxious about the sudden sharp selloff in the market. The most prudent response right now is to wait patiently for sentiment to digest; once price stabilizes and the basis for comparison holds, then follow the trend to plan your entry.

Entry opportunity: Long near 61,200, targeting the 62,500–63,500 area.