6.10 Weak Rebound 1. After $BTC dropped below 60K and liquidated the longs from the past few months, it started a choppy rebound, which is expected to last a few weeks. The rebound strength is limited to the 66,000-68,500 range. 2. Right now, 60K for $BTC is equivalent to 30K in the last cycle. Don’t have any illusions about bottom-fishing at this point. The US stock market has just started to decline from its highs, and the moment of panic hasn’t arrived yet.