BTC surged early and hit 66,924 before facing resistance and pulling back; after the low dipped to 63,666, it then saw a round of corrective rebound. However, when price again attempted to test the overhead resistance area to the upside, it was blocked again, turning back and dropping.

The market clearly shows that the current bullish push has already significantly weakened—each time it spikes higher, it’s difficult to sustain the move for long. Above, there is still a steady, heavy sell pressure continuously being released.

At this stage, the upside is only a technical correction after a decline and does not have the foundation for a reversal into a stronger trend. In your trading, be sure to stay rational—don’t blindly chase longs just because there’s a short-term pump. Wait patiently for even better setup opportunities.

Trading suggestion: short around 65,200–65,800; target 64,000–63,400 to the downside. If it breaks 62,800 and 62,000, guard with 67,000.
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