The morning session structure is already quite clear.

BTC initially declined from a high level, dropping to around 62,501, then rebounded to around 64,000 before entering sideways consolidation.
The issue isn't the rebound itself but whether the rebound can be sustained.
Currently, on the 1-hour timeframe, it's a weak rebound structure—
The low point has been established, but the high point hasn't been raised.
If prices can't stabilize above 64,000 for a while, it could easily retest lower levels for confirmation.
Personally, I lean towards:
This isn't a reversal, but emotional recovery.
The true direction depends on the next wave of volume increase.
Do you think this is a bottoming process, or a consolidation?
#BTC #ETH #比特币行情 #Market Structure