Bitcoin's rally is looking good, and the market is presenting more opportunities. This surge is driven by several factors: 1. Market liquidity has been consistently injected; 2. The total supply of stablecoins remains at a high level; 3. Addresses holding >100BTC have been accumulating at the 60k level—looks like whales are buying the dip here; 4. The USDC/USDT exchange rate has been in a downward trend these past few days, indicating funds are flowing into the market; 5. Currently, $66k is MicroStrategy's cost basis, which generally provides strong support at this level, and any breakdown below it likely won't be too deep. Although liquidity and capital are the key drivers of the rally, sentiment plays a huge role in influencing these funds, especially in the current environment where both long and short positions are viable. This weekend's unexpected events—whether related to Bitcoin, gold, prediction markets, or derivatives markets—have highlighted the unique value of blockchain technology and the crypto market. This has been a massive boost to confidence, and Wall Street will likely reassess this market. From a candlestick chart perspective, the current test is at the support level of the previous bull market's peak. If this level doesn't hold, it could signal a complete capitulation from the bulls. Market sentiment has yet to recover significantly. While liquidity is improving, the incremental increase is small, and rate-cut expectations remain weak. With heavy resistance ahead, the current range is still more suitable for short-term trades rather than going all-in bullish. Dollar-cost averaging (DCA) is also a solid strategy right now.