Currently, the small-scale rebound is still ongoing. Today, focus on the 70,000 level as a key support. As long as it does not break below this level, the small-scale rebound structure remains intact, with initial resistance at 72,000–73,600.

If a successful breakthrough of 73,600 occurs, the market will enter the second phase of the rebound, targeting the 77,000–79,500 range.

Conversely, if the small-scale correction breaks below 70,000, first watch for a probe at the key supports of 68,800–67,500. As long as this zone is not effectively broken, the current rebound pattern remains valid, and the rebound is expected to continue.
Only if it effectively breaks below 67,500 does the market have the possibility of a second bottom and a deep correction. If a second test occurs, continue to position for long positions and spot holdings. $BTC