As a novice trader, I prefer to view the current BTC market with simple logic and real trading data, avoiding chasing hot topics or blindly trusting narratives. Currently, BTC is in a phase of high-level correction and consolidation, with macro high interest rates, ETF fund hesitations, and contract deleveraging adding triple pressure. The price is oscillating within the 64,500—67,000 range, with 64,500 as a short-term critical support level. Falling below it could test the 62,000 or even 60,000 levels; the 67,000—70,000 zone above is a dense area of trapped positions, making a breakout difficult without volume.

I believe the core change in this round of market is the institutionalization and convergence of volatility, no longer dominated by retail traders in extreme bull or bear markets. In the short term, the market favors range trading rather than a one-sided trend. Beginners should avoid high leverage chasing gains or panic selling; the risk of liquidation is very high right now. It’s recommended to keep positions light, trade short-term, and strictly set stop-losses—no overnight heavy positions.

In the long run, BTC’s scarcity and institutional allocation logic remain intact, but entering on the right side is safer than bottom-fishing on the left. Wait for signs of stabilization and volume confirmation before making decisions. The market is not short of opportunities; what’s missing is capital that doesn’t suffer losses. Maintaining risk control and understanding market structure are more important than trying to predict specific price points.