BTC dives to the bottom then reverses with a V! Is the washout over and time to break the previous high?

Family, did this spike-in move last night wash out a bunch of people? The low got smashed to 62,500 and then it was pulled back above 64,000—classic fake breakdown for a washout. How many people are now slapping their thighs for not daring to catch it?
I’ve figured out the news flow, the technicals, and the washout logic end-to-end. I’ve marked the key levels clearly for you:
🔹Short-term support (within 3 days): 63,800 / 63,000 / 62,200
🔹Medium-term support (1-4 weeks): 61,000 / 59,500 / 58,000
🔹Short-term resistance (within 3 days): 65,000 / 65,800 / 66,500
🔹Medium-term resistance (1-4 weeks): 68,500 / 70,000 / 72,000
Let’s talk about the latest situation: last night’s selloff is a typical derivatives contract washout—after the wick sweep triggers stop-losses, it’s pulled right back. The 4-hour close printed an ultra-long lower wick, and the bulls’ follow-through is fully strong. On the news side, rate-cut expectations keep building, risk assets overall are tilted warm, ETF funds are starting to flow back in, and the big rebound structure hasn’t broken. Volatility released a wave yesterday and has returned to normal levels; next it’s a rhythm of ranging upside. #BTC $BTC