These $BTC over the past three days have also arrived at the trading phase after the “deep V reversal”!

Right now, the rise is only an “oversold bounce” of the earlier drop from 65,600 to 62,537.
As long as it hasn’t broken through the key neckline at 64,900, all the upward movement can only be called a “rebound” ⚠️#BTC

Now 64,000 is being repeatedly probed at the whole-number level, which indicates extremely heavy sell pressure overhead.
The main force pulled it up and found that there wasn’t enough follow-through from the crowd, so now they’re starting to “play dead” and go sideways.
This type of consolidation sideways usually has only two outcomes:
either a volume expansion breakout above 64,400 to kick off the second wave,
or it turns and heads down to test the 63,000 support 📉

So our plan is very clear 🌟
🎯 Strategy 1️⃣: In this kind of high-level, low-volume sideways consolidation, it’s often a precursor to “long consolidation followed by a drop.”
Use a weak 1h bounce—lay short orders at the resistance level, and retest the 63,000 lows.
● Entry price (limit order): 64,250 - 64,400
This is the previous high on the 15-minute chart and the lower edge of the dense traded area on the 1-hour chart. The main force can hardly break through this area in one go.
● Stop-loss: 64,700
● First target: 63,500 (take a bite and run).
● Second target: 62,800 🥩

🎯 Strategy 2️⃣: Only when price breaks above 64,500 with increased volume and holds there, can we confirm that the bulls are strong.
Then you can chase longs in the same direction.
● Entry price: 64,550 (enter after the pullback confirmation following the breakout).
● Stop-loss: 64,100 (if it falls back into the ranging zone, exit)
● Take-profit: 65,200 (around the previous high) 🥩