The Asian-session spot has been continuously selling off, and the price naturally starts to pull back. Overall it’s still range-bound, but it’s a really exhausting kind of market. Here we need to see how the structure evolves: liquidity has been accumulating above while waiting for liquidation.

The current observed low-long positions are some areas below 63k (on the 1h timeframe). They tapped this support, rebounded, formed a 1h three-signal buy, and then made a final push to close out this 4h overall rebound segment. Naturally, defense is placed around the prior swing low near 61.8k. You can take a narrow-stop short first; if it breaks down, it means the structural uptrend has ended.

The overall plan is to bottom-buy in the 628/623 range.
Ethereum around 1830/1810 in parallel.
For the upside, watch for the final highs at 650-665.