BTC at the weekly level of the big cycle still maintains a clear downward trend.

This round of rebound started from the lows.
It’s only a technical correction within the existing downtrend.
The upper limit of this rebound is highly likely to mainly fill the gap at 64,700.
Even if it spikes slightly in the short term,
it will just touch around 67,400 to complete a liquidity trap to lure longs.
After that, there is still a possibility of another round of selling to refresh the previous low.
You can short lightly again around 64,500.
Then, after waiting for a breakout with increased volume through the key level, you can set the stop-loss.
Currently, the main liquidity on multiple platforms is at 61,000,
with buy limit orders totaling $283 million placed there.
If you want to be cautious and do longs,
you can focus on entering after considering the 61,000 area.