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$BTC Watch for a potential rebound opportunity for the bulls. Everyone is watching for a breakdown, but I think it’s worth paying attention to possible rebound levels. The 4-hour long setup is still intact; although the daily chart is bearish, price has already reacted in the 64031 to 64061 range. The 15-minute RSI is around 54, so buyers may still have room to push higher. Also, the 15-minute trading volume has surged by nearly 4x, which does show signs of real buy-side inflows.
You can consider entry around 64031 to 64061. Above that, you may see the area between 64157 and 64341. However, the market has uncertainty—if it breaks below 63898, be careful about the risk; don’t chase too aggressively.