In the early morning, the "Big Cake" touched the 65,500 level during its second decline and stabilized after stopping the fall. It then experienced a slight rebound, with the quote currently climbing back to around 66,150. From a four-hour perspective, the 65,500 area forms a clear double bottom support structure, which coincides with the upper boundary of a previous dense trading zone, indicating strong buying interest. The current price has stabilized above the MA5 moving average, the MACD bearish momentum histogram continues to shrink, the fast line has turned upward from a low position, and the KDJ has formed a golden cross in the oversold area, suggesting short-term rebound momentum is still building.

On the hourly chart, the price is forming a small consolidation platform around 66,100, with the Bollinger middle band shifting from resistance to support. The RSI has rebounded from the oversold zone to above 40, indicating market sentiment is recovering from panic. Overall, the technical correction after a nearly 4,000-point drop is underway. If the quote can hold above 66,300, the rebound space may further expand, with short-term resistance at 66,800-67,000.

Key support below is at 65,800; as long as this level holds, the rebound structure remains intact. The short-term trend is mainly oscillating upward with tentative testing. Traders can cautiously look for long positions at support levels, waiting for further confirmation of rebound momentum. #成长值抽奖赢金条 $BTC