Big Bean (the “big pie”) has been sold off from the 64,600 peak, with four-hour-level momentum staying weak continuously. It has directly broken through the 63,000 key support, briefly dipping to around 61,800. Now it’s consolidating and rebounding slightly around 62,400.

On the one-hour timeframe, after the sharp drop the selloff pace has slowed. The KDJ has turned upward from low levels, so there is demand for short-term oversold rebound and repair. However, the rebound volume is mediocre and the strength isn’t strong.

For overhead resistance, first look at the 63,000–63,500 range. If price can’t get back above it, the overall setup will still be bearish. For downside support, watch the 61,800 low; if that fails, further downside probing is likely. At this stage, it’s in the consolidation-and-repair phase following the sharp selloff, so don’t blindly bottom-fish. If the rebound meets resistance and weakens, a bearish stance is still the safer approach.$BTC ‌