Damn, ruthless! Most crypto folks get wrecked in the crypto market, then cluelessly run to the U.S. stock market to get wrecked again. Crypto people are the ones influencing the broader environment. Don’t believe me? Just look—since the majority left the crypto space in the past two months, $BTC and ethereum:native have barely seen any major volatility and are even thriving, while the U.S. stock market is a mess, with storage stocks collapsing! $BTC’s short-term rebound is facing resistance, and the market is waiting for a real directional move. Looking at the 4-hour chart, there hasn’t been a strong trend reversal yet. Instead, it looks more like a high-level consolidation and distribution structure. Previously, at point A, $BTC surged above 68,000 before pulling back. Then at point C, it rebounded to around 67,000, with highs gradually moving lower, indicating increasing pressure from trapped positions above. Currently, the price has rebounded to around 64,300, just touching the descending trendline extended from point C. This is a key battleground for bulls and bears. If it fails to break through the 65,000–65,500 zone with volume, it’s likely to form a false breakout, attracting long positions before pulling back again. On the macro level, U.S. tech stocks are going through a phase of digesting high valuations, and the AI hype is entering a performance validation period. Market risk appetite isn’t consistently increasing. Without further upside in U.S. stocks, it’ll be tough for $BTC to directly break past previous highs. Meanwhile, rate cut expectations have already been priced in by the market. To truly drive the next trend, we need to see actual improvements in liquidity, not just expectations. Over the next month, I’m leaning toward $BTC being weak and range-bound, seeking liquidity downward, flushing out high-leverage longs, and then waiting for a new opportunity to rally. Resistance: 64,800–65,500. Breaking and holding above 66,500 would signal real strength. Support: 60,000–61,000, with extreme attention to the 58,000–59,500 zone. At this stage, don’t rush to chase the pump. The real big opportunities often come after market panic and a reshuffling of positions. Stay patient, build up your capital—having capital means endless possibilities!