**Market Outlook**

**Sweep Below 69 Then Rebound**

In my previous analysis, I mentioned the possibility that the market might rebound after sweeping below 69.
Yesterday, after reaching below 69 (I went to bed early) and then rebounding, the market has recovered about 1500 points so far.
It's unclear whether a bottom has been reached; I believe the depth of the sweep may not be sufficient.
I think the price will rebound after falling into the 68-67 range, but here we have only slightly broken below 69.
Order book data suggests this could be a bottom, but it’s not "extreme" (BTC amounts 10% below are quite high, but not excessively so).
There are two non-extreme scenarios: either a rebound followed by further decline, or a strong pullback during an uptrend.
Considering Bitcoin's steep retracement from 76 down to 69, this does not qualify as a strong pullback within an uptrend.
In other words, if similar data appears at 72-74, it would suggest a strong pullback after an uptrend; but a drop to 69 wouldn't be considered a strong pullback.
Therefore, I do not rule out the possibility of retesting the bottom, with a 4H bottom divergence occurring before a large V-shaped rebound.
Currently, there is a 1H bottom divergence (SOL, BTC).
Personally, I haven't added to my positions yet. If the price breaks below 69 to new lows with bottom divergence confirmed, I will add to my positions.
My trading remains primarily spot-based, holding SOL and XRP.
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