Latest BTC Market Analysis: Bitcoin's Slow Decline – Is This Rebound Coming to an End?

Hey fam, BTC has dropped from its high of 66,956, with lower highs and lower lows for three consecutive days. Today, it hit a low of around 64,800. When it was rising, the volume didn’t keep up, and when it was falling, the volume didn’t expand either. If 65,500 breaks, 65,000 is right below. Is this rebound rally that started at 57,800 really over? 65,000 is the final line of defense. If it holds, there’s still a chance to rebound to 66K-67K; if it doesn’t, we’re looking at 64.3K-64.5K. This isn’t a total collapse for the bulls – it’s a low-volume pullback after a high-level handover. But the longer the pullback lasts, the more patience the bulls will lose. Currently, the signals indicating the end of this rebound are only the spatial and volume signals: first, the rebound has stalled below the previous high of 67,500; second, there’s a divergence between price and volume on the daily chart, and the bullish volume on the 4-hour chart is also weakening. However, the funding signals and catalysts aren’t there yet. The anticipated clarity on regulations hasn’t materialized. So, calling the end of this rebound rally might still be premature. Bitcoin could still make another push toward 67,500 before dropping again to test the bottom, continuing its wide-range consolidation trend.