Weekly candle close is complete.

Currently, the weekly candle has still not been able to break through 65,000.
Based on the weekly chart, it looks at the overall pattern of BTC/ETH.
Also, from the weekly MACD, the weekly bottom bullish divergence for BTC/ETH is valid.
Right now, it just depends on how long this rebound can last.
Currently, the resistance zone above BTC is between 65,000 and 70,500.
If this range breaks through, BTC can challenge the previous high and fully repair the weekly divergence.
Of course, there is another scenario: if the 65,000 to 70,500 range cannot be broken, then after prolonged sideways consolidation, it will also repair the weekly divergence, and it will then retest 58,000.
A retest of 58,000 may then lead to a breakdown.
At the moment, for these two scenarios, “Village Chief” leans toward the first one.
This trendline is being tested for the second time; even if the rebound strength is weak, it shouldn’t be this minimal.
It should at least test the middle or upper part of the resistance range.
Moreover, the liquidations above are currently more than those below.
Overall, I still see a weekly-level rebound.
For the short term, look for entry points from lower timeframes.