The price has climbed back above 65,000 for now, but from a structural perspective, I think this looks more like a sentiment recovery and short covering rather than a clear trend reversal. Looking at the 4-hour chart, bitcoin:native is still moving within an ascending channel. The quick rebound after testing the lower boundary earlier indicates there’s indeed buying support below. However, the most common mistake in the market is assuming that just because support holds, the trend is safe. Real battles involving big money often happen after sentiment shifts back to optimism. As for U.S. stocks, the Nasdaq is still in a high zone. The AI-driven rally has been pushing valuations higher, but the market has now entered a phase of "profit validation" rather than just hyping expectations. At the same time, the Fed’s rate cut expectations have already been priced in. If liquidity release falls short of expectations later, risk assets could still face repricing pressure. Chasing longs at this level doesn’t offer a great risk-reward ratio. A true trend reversal isn’t signaled by just one green candle—it requires breaking key resistance, volume confirmation, and a retest that holds to form a complete structure. Be patient and wait for news around the end of the month. That’s when the best opportunities will arise. If the news turns unfavorable and the price still can’t break through the upper levels, it’ll be a great chance to go short!