#CryptoMarketBouncesBack Last night after the US stock market opened, Bitcoin first experienced a slight dip, accurately retracing to a low of $66,100. Then the bulls quickly launched a strong rebound, with the price steadily reclaiming the $67,000 level and briefly surging near $68,000. Although there was some volatility towards the close, it ultimately stabilized above $67,900, demonstrating a solid rebound from the previous day's low.

From the 4-hour chart perspective, the price tested the upper boundary of the $66,000 range twice and found support, forming an effective double bottom probe pattern, indicating strong buying interest in that area and clear defensive intent from the main force. Currently, the candlestick has re-closed above the short-term moving averages, and the MACD indicator shows signs of a golden cross above the zero line, suggesting bullish momentum is re-accumulating. On the 1-hour chart, the rebound shows a stair-step increase in volume, with the price steadily staying above the Fibonacci 0.618 retracement level ($67,600). This is a typical strong correction after a rapid rise. As long as the price remains within the $67,600–$67,800 range, the consolidation could end with a potential upward breakout at any time.
The current structure remains dominated by bulls, and the strategy can continue to follow the idea of buying on dips. Conservative investors can look for stabilization around the $67,600–$67,800 zone to enter, with a stop-loss below $67,000. If the price volume breaks through the $68,000 level, a light position can also be considered to follow the upward momentum and seek further gains. The initial target is $68,500, followed by the $69,000 level. #元宵赏月领红包 $BTC