Bitcoin is about to switch to a new monthly chart tomorrow. Whether it can surge higher tonight and break through the key resistance level at 68,500 is crucial.

If it successfully breaks above this level tonight, the early-month trend is likely to push higher toward around 71,000;
If it encounters resistance and fails to break through, a significant pullback is likely to occur at the beginning of the month.

Currently, the range-bound trading offers limited participation value, with limited profit potential and difficulty holding positions.
Tonight, focus on the 66,000 support level; if this level holds, the market will likely continue to oscillate.
If the four-hour chart can stabilize above 67,000, the price may attempt to test the daily resistance near 68,500;
Conversely, if the four-hour close cannot stay above 67,000, the rebound momentum will be weak. It is recommended to wait for a pullback to the 65,000-64,000 range before considering long positions.