BTC breaks below the triangle pattern, and after three consecutive rebounds attempting to re-enter the range, it failed to stabilize. The white box area shows a divergence between volume and price—rising with no volume, falling with increased volume—followed by a decline. This is not an accidental market behavior.


A bearish engulfing pattern appears at the red box, and the price breaks below the 67523 neckline, making the bearish signal very clear.
The current price has already broken the previous low of 65596, creating a new low. Attention should be paid to whether it can stabilize around 64232:
If it rebounds and stabilizes above 65232, a short-term rebound is possible; if it cannot break through this level, the downtrend will continue. Once it breaks below 64232 again, the next support is at 63629. If that is lost, there is a high probability of a second test of the 60000 level.
To stop the decline and rebound, the price must re-establish above the resistance zone of 65232–65596; otherwise, the upward space is limited.

Trading strategy:
A volume breakout above 65232 can be followed with long positions to catch the rebound. If it cannot break through, do not go long; currently, chasing shorts is not cost-effective and is not recommended.
If the hourly chart stabilizes above 65232, target 66012–66579;
If the 4-hour chart breaks below 64672, look at 63730–62731 below.

Resistance: 65232–66012–66579
Support: 64727–63730–62731
BTC-2,5%
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ALOEvip
· 3h ago
Can I short when rebounding to 66,000-66,500?
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