Wait for an opportunity to go long on the dip, catch a rebound wave Big BTC daily chart shows a Morning Star (Bullish K-line pattern). The false breakdown below 60K has stopped, and the rebound signal is still valid. - Short-term support at the June 7th bullish candle low of 60,700 and the February 6th historical low of 60K at the bottom of the range. If 60K is broken, the daily bullish pattern becomes invalid, and the rebound logic ends. Since February, Bitcoin has been oscillating within a large range. Currently, it’s fluctuating between 60K-64K. After briefly testing the bottom, it has returned to long-term consolidation within the range. Once consolidation is complete, the downtrend may resume. As long as the 60K support level hasn’t been effectively broken, it’s not advisable to be overly bearish. There’s still a possibility for the market to rebound upward. U.S. May CPI rose by 4.2%. The hope for a rate cut in the June FOMC meeting is slim, and a rate hike seems inevitable. 59K is definitely not the ultimate bottom of the bear market.