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Consolidation Phase: The price is currently confined within the broad $63,000–$68,000 range. The potential for an upward rebound remains intact as long as the $64,700 level holds.
Critical Threshold ($68,000): Daily closes above $68,000 are crucial for the uptrend to evolve into a sustained rally.
Risk Factor: A break below the $64,100 support level could see the price rapidly slide toward the $61,800–$62,000 zone.