The daily chart for $BTC shows potential signs of a bearish engulfing candlestick, but it needs to break below 62500 again for confirmation. If a standard bearish engulfing forms, this rebound rally could be over. If it continues to break above 64500, the upward trend will persist. The next target for the rally is near the previous high of 67200. The main players are currently using a DCA strategy to place short orders, with $20.37M short orders placed between 6.8-7.3.