The big cycle weekly chart for $BTC is still maintaining a downward trend. This rebound is merely a correction within the trend, not a reversal. The rebound's upper limit is highly likely to focus on filling the gap at 64,700. Even if there’s a slight short-term upward movement, if it spikes to around 67,400 and triggers a liquidity trap, there’s still a possibility of a new round of decline and setting new lows afterward. For long positions set up at lower levels, you can take full profit and exit when the price surges near previous highs with a false breakout. Around 64,500 is a good spot to open a short position, and you can set a stop loss if it breaks out with high volume. Currently, major players on multiple platforms have placed $283 million worth of buy orders at 61,000. For those looking to play it safe, you can consider going long around the 61,000 level.