The BTC market has recently been fluctuating between 60K and 70K, digesting the big drop from 126K to 60K. On a larger scale, it’s still a bearish trend. The longer BTC drags on, the weaker the rebound will be. Breaking the range means a sharp drop. In a bear market cycle, every rebound’s peak is much lower than the previous one. It’s hard for the market to completely reverse in the short term. If there’s a short-term rebound near 70K, it’s time to take profits in batches.