Since $BTC bounced back near 60K after the pullback, the market has been fluctuating between 72,000-65,000 for a while now. Is it building momentum? Time to buy the dip? Not really. The market hasn’t completed a valid second bottom yet. On the daily chart, Lao Qin feels it hasn’t truly formed a bottom. It’s still too early to buy the dip right now. Looking at the overall market, the upward momentum is still insufficient, and key resistance levels remain unbroken. Today’s rebound is another chance to short. $BTC short at 68,000-68,500, target 66,500-65,000.