Bitcoin Evening Public Outlook

Currently, it's only a rebound, not a reversal. Going long only targets short-term profits.

After a market oversell, it won't immediately recover all the losses. Do not mistake a rebound for a reversal; the upward structure's premise is that 67,300 does not break. If it breaks, abandon the bullish outlook. Approach the market rationally—don't guess the top or hold onto positions blindly.

✅ Bullish support: 69,000. Holding above this level allows for further upward movement; a break below 67,300 invalidates the upward structure.

Key bearish level: 68,900 (4-hour support). A break below this level targets 67,800-66,060; losing 68,300 and breaking the neckline points to 65,780.

Trading Suggestions:
• Aggressive Long: Break above 70,750 with volume, chase on the right side, set stop-loss properly.

• Aggressive Short: Break below 69,770 with volume and fail to recover on the rebound, chase on the right side, with strict stop-loss.

• Hourly Breakout: Stabilize above 70,900, target 71,750-73,050 directly.

• 4-Hour Breakout: Lose 68,900 with no recovery, continue downward to 67,810-66,060.