Short-term rebound on the rally has faced resistance again, with Bitcoin currently retracing to around 68,000 and continuing the intraday consolidation. There is still a possibility of repeating yesterday’s consolidation pattern. Currently, focus on the 67,000 support level as the bottom of the consolidation; do not rush into long positions. Looking at the four-hour chart, short-term breakouts are unlikely, and retracements are shallow. The market is still trending with decreasing volume, and the MACD indicator shows signs of a dead cross with the fast and slow lines converging. There is room for a pullback in the short term, but the overall upward channel remains intact. A rebound at the bottom after a pullback indicates a bullish trend, so the outlook remains unchanged for now—continue to look for higher prices.