Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC

🦅 Feiyu Late Night Urgent News: 68,000 Critical Support Rebound Faces Resistance! Bulls Attempt to "Break Out," Is It a Desperate Counterattack or a Dead Cat Bounce?
Deep Review of the Latest Situation (Rebound Confirmation):
On the Brink of the City: Brothers, tonight is the bulls' judgment day! After breaking below 68,000 (top of the box / vital support) yesterday noon, the price briefly dipped to around 67,200 for support. Now, with the liquidity from the US stock market opening, the bulls are launching a counterattack, trying to regain the 68,000 territory.
Support/Resistance Flip Validation: The current price of 67,844 is just a step away from 68,000. Keep a close eye here! If it can hold above 68,200 tonight, it indicates yesterday’s dip was a "false break," and the market still has hope; but if it rises and then falls back, forming a long upper shadow, that’s a standard "retest after a breakdown," followed by Wave C downward, heading straight for 66,000.
Volume Divergence: The current rebound is clearly shrinking in volume. The bears have deployed heavy forces above 68,000 (short covering + trend shorts). Without major positive news, a direct V-shaped breakout of this "iron plate" is highly difficult.
1. Support and Resistance Levels (Feiyu Late Night Precise Version)
🟢 Short-term Support (1-3 days, Intraday Defense Line)
67,200: Immediate support. Yesterday’s spike low, also the rebound starting point on the 1-hour chart. Falling below here ends the rebound.
66,500: Strong support. The first target for short-term correction.
66,000: Core support (Golden Pit). The widely recognized strong buy zone for bulls and bears, also the last line of defense for the medium-term trend.
🔵 Medium-term Support (1-2 weeks, Swing)
65,000: Lifeline. Absolutely safe bottom, bulls’ last dignity.
63,600: Stage bottom.
60,000: Century bottom.
🔴 Short-term Resistance (1-3 days)
68,000: Immediate resistance (Life and Death Test). The focal point! Yesterday’s support, now resistance. If it can’t break above, it’s a "dead cat bounce."
68,800: Strong resistance. The midpoint of the previous oscillation platform, a defensive position for the bears.
69,500: Core resistance. Fake breakout high.
🟠 Medium-term Resistance (1-2 weeks)
70,300: Early-week high for induced longs.
71,200: Previous high resistance.
72,000: Wave C peak and trough point.
2. Overall Analysis and Best Entry Strategies
Overall View: The current 67,844 is in the "key resistance level rebound test" stage.
Bearish Strategy (Dominant): The trend is biased downward; anything below 68k is considered a rebound. The strategy is "short with support at 68,000 - 68,200," betting on effective top-bottom reversal.
Bullish Strategy (Defensive): Chasing longs at the current price is gambling (there’s an iron plate overhead). The only worthwhile long entry is at the structural support between 66,000 and 66,500.