Has the reversal started?



BTC surged in one go from around 62,800 to 66,924. The force isn’t exactly weak. But after pushing up to around 67,000, disagreements started to surface.
If it can’t break through, that’s pressure.
Why is 67,000 so critical? This isn’t a normal level. This is an area of concentrated trading from the earlier phase, where bulls and bears have fought over multiple rounds. If the price wants to keep moving up, emotions alone aren’t enough—you need real money to push it higher.
In the earlier tests, it was blocked here several times. After this spike, it also fell back, indicating that the sell pressure above hasn’t been digested yet.
Meanwhile, things outside haven’t been idle either. Oil prices are strengthening, U.S. Treasury yields are rising, and the U.S. dollar has started to rebound. The market is beginning to reassess next week’s Fed stance, and risk appetite is getting affected to some degree. But the market won’t flip direction directly because of a single piece of news—the direction is worked out over time, not decided once and for all in a day.
Next, focus on two levels: if 67,000 keeps pressing down and can’t be pushed through, that means the pressure is valid; if 65,000 can’t be held, the structure starts to weaken.
In the end, the market doesn’t care how loud the news is. It cares who’s willing to dig into real money and take the bid at this level.
Trading isn’t about guessing the top or bottom—it’s about waiting at key levels for the market to write the answer itself. $BTC $ETH #布伦特原油重返100美元
BTC-0.36%
ETH-1.80%
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