#Gate广场发帖领五万美金红包 #比特币下一步怎么走？ #Crypto Market Rebound 📈 Technical Perspective: Rebound, Not Reversal

Currently, the market generally defines this upward movement as a “phase rebound within a downtrend,” rather than a trend reversal.
Long-term (Daily Chart Level)**: Bitcoin has pulled back from above $90,000 and is oscillating between $65,000 and $71,000. The moving average system is in a bearish alignment, with prices trading below the moving averages, indicating that the long-term downtrend remains unchanged. Although the MACD is narrowing below the zero line and shows signs of bullish divergence, the bearish momentum has only marginally weakened and has not reached reversal levels. Key resistance is at $72,000–$73,000, with core support at $65,000.
Mid-term (4-Hour Level)**: Prices rebounded from a low of about $62,900. The MACD formed a bullish crossover after a bullish divergence below the zero line, providing a technical basis for a mid-term rebound. Currently, prices are testing the 20-day moving average around $70,000 and a previous dense trading zone, facing strong short-term resistance. Whether the price can break through $71,000–$71,500 is crucial for determining if the rebound can continue.
Short-term (1-Hour and Below)**: After breaking above $70,000, prices entered a range of $69,500–$70,500 for consolidation. The MACD red histogram is shrinking, and the RSI hovers around 50, indicating that short-term bullish momentum is waning, and buyers and sellers are in a tug-of-war.
Summary: The technical structure indicates that this is a “first phase strong rebound within a downtrend,” and signs of trend reversal are not yet sufficient.