Yesterday, Bitcoin dipped to around 63,000, and our previously emphasized high-altitude trading strategy accurately achieved its target; subsequently, the market experienced an oversold correction, forming a V-shaped rebound, and successfully broke above the 67,000 level.

From the current market situation, although short-term bullish momentum has shown signs of recovery, this rebound is a typical V-shaped retracement pattern. Even if the price temporarily breaks through the middle band of the Bollinger Bands, the subsequent rebound strength has not been effectively sustained, and there is no volume support for continuous upward attack. Looking at the medium-term trend, the downward trend has not undergone a substantial reversal. The current market is merely a technical correction after a sharp decline, not a trend reversal signal. The main strategy remains to focus on high-altitude trading.

Trading Suggestions
Bitcoin rebound around 68,100-68,900, short at 65,800-64,300; if broken, then look for a decline to 63,000.
Altcoin rebound around 2,050-2,100, short at 1,950-1,850.