BTC is still in an oversold rebound trend. 70,000 is a key resistance level above. If it cannot hold steady, the overall movement will be more volatile and weak, with a generally bearish bias.

From a technical perspective, if it can stabilize above 70,000, the weekly MACD is expected to form a golden cross at a low level, combined with a strong monthly close and the end of five consecutive down weeks. The market will shift from a downtrend to a correction and recovery phase.

Yifan personally recommends maintaining a high-short strategy until signals are fully confirmed. Long positions should only be taken for swing trading, not for long-term positioning. After the monthly candle closes, the trend will become clearer. #BTC #ETH