Bitcoin Market Analysis: Focus on the trend reversal within the range.

Figure 1: The market has been oscillating for over two months. Currently, the price is in a low-level rebound on the 12-hour timeframe, undergoing oscillation and adjustment. Once Bitcoin effectively breaks below 65,000, attention should be paid to the completion of the bearish trend in the 48,000-40,000 range. Therefore, at this small timeframe, avoid reckless trading; the market is in consolidation, especially for those with expectations or stubbornness about the trend.
Figure 2: The market is oscillating within the current range. At this moment, the price is at the bottom, with four minor lows and two minor highs. However, from a bearish perspective, there are still 3-4-12 hour bearish trends that have not yet adjusted. If the price rebounds and breaks through 67,463, be cautious of a false breakout; such a move could be a trap for traders. Key levels to watch are the breakdown of the 65,000 small-range support and the breakdown of 66,800. Bulls should focus on the potential breakout after the accumulation and consolidation around 67,463. Remember, avoid chaos in small timeframe operations; the big trend offers the main trading opportunities. #比特币 $BTC