BTC remains bullish in the short term, with a rebound target around 67,000.

Yesterday, I again flagged a low buy near 64,000; the high has already touched 65,770—the timing was basically spot on. Since the drop from 83,000, I’ve been watching the key level at 57,500. My read was that once that area is tested, a decent rebound is highly likely to trigger; so I decisively went long around 58,000 and held longs all the way to 65,500. Last week, I shorted around 65,000 to retest 62,800, then gradually re-entered longs in batches at 62,800 and 64,000. Overall, both the big direction and the short-term timing have matched expectations.
I think the core of the analysis isn’t predicting every single K-line, but sorting out key levels in advance and how they might evolve. Half a month ago, I had already marked the two nodes at 65,500 and 68,000. The current market is still within a high-range consolidation-to-uptrend channel, and it has recently reclaimed the 60-day moving average on the daily chart—bulls still hold the initiative.
Next, I want price to keep pushing up to test 67,000, first clearing the prior high’s short-side liquidity. Once the above liquidity has been consumed, then we can focus on the 55,000–50,000 area below. If price pulls back to that zone again in the future, it would be a very worthwhile opportunity to重点布局 spot. As for whether a breakout above 67,000 would directly reverse, it’s still hard to say, but 68,000 is the key observation point I’m watching most. As long as that area shows a fake breakout and is accompanied by bearish signals on smaller timeframes, medium-term short positions can be considered to start. Before signals appear, there’s no need to guess the top early.
In the short term, price is still slowly climbing within the channel. This pace may not be fierce, but it’s actually more steady. What truly needs vigilance is a sudden, strong acceleration into a large bullish candle—rapid upside often overconsumes buy pressure, and the following phase is usually accompanied by a loss of momentum.
At present, above 63,700 continue to look bullish, focusing on the 66,000–67,000 range. If you’re already holding longs, you can continue holding and set protection. If you’re on the sidelines, watch for dip-buy opportunities around 64,400. However, the closer we get to 67,000–68,000, the more you shouldn’t blindly chase—this zone may gradually enter a phase of top formation. A top won’t be built in one step; it will most likely keep making repeated attempts higher and then range, and only after the final pullback comes will it be the real time to consider deploying a large amount of spot. #夏日创作营