$BTC ‌$BTC ‌Bitcoin has not seen a 16% increase in less than a day for a very long time.

Looking back at history, the last time it rose this much in one day was in March 2023 during the Silicon Valley Bank rescue, with a 20% increase in one day and a 30% increase over two days followed by a significant correction (then a 9.4% drop in one day).
Further back, the lowest point was on May 19, with a 40% rebound to the peak (then a 21% drop the next day).
Before that, the lowest point was on March 13, with a 57% rebound in half a day (then a 20% drop over 4 hours, and a 25% decline over three days).
In the meantime, neither Trump taking office nor the launch of fake ETF news triggered such a large short-term rally. The market may still go to 7.5K, but there's a high probability of a pullback first. The chance of directly jumping from 60K to 75K in one go is small; we’ll see how it develops later. The support levels on the downside are between 6.38K and 6.68K.