Today’s Bitcoin Outlook

Currently in a correction and rebound phase after a sharp decline, focus on light-position range trading, mostly observing and minimizing trades, avoiding chasing rallies or panic selling. Short-term attention should be on the breakout of the 65,500 support level and the 68,000 resistance level.

For medium to long-term, wait for clearer signs of stabilization before establishing positions.

If a short-term rebound reaches around 68,000 and stabilizes with resistance, consider a small short position.
Do not break the 65,000 support; only consider a long position if it stabilizes around 65,500. If it breaks below, exit the position to cut losses and continue to stay bearish.