Bitcoin's $61,000 range is the ceiling for this rebound. Four reasons: (1) Rebound wave has ended: The third wave didn’t start, meaning $60,941 was the peak; (2) Bears have tested the waters: The -664 red candle at 06/28 00:00 proves bears made a move near $60,855; (3) Bulls are retreating: Funding rate plummeted 66% to 0.0023%, no one’s willing to push higher; (4) 200-week moving average at $62,400: Even if $61,000 is briefly broken, there’s an even tougher wall above. If the price rebounds to $60,500-$61,000, act when the signal appears. Don’t guess the direction, wait for K-line confirmation. Mid-term plan: Open a new Bitcoin short position, target prices $58K-$55K-$50K.