BTC is watching a price rebound to the 65,500–66,000 range (and the earlier small consolidation resistance levels). If there are stagnation signals such as a long upper wick or a bearish engulfing candle, set up short positions.

First target: 64,990 (the recent wick-piercing low and an integer-level support test)

Second target: 64,670 (if it breaks effectively below the prior low, it will further probe lower toward a long-term support level)

Defense level: above 65,300 (if it breaks out with increased volume and holds above this level, it indicates the short-term bearish trend is broken; cut loss and exit)

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