After weekend adjustments, BTC dipped to around 55,000 early in the morning and then rebounded, which also precisely hit the target of the previous embedded wave pattern and achieved gains.

Currently, looking at Bitcoin (BTC), after experiencing a nearly 50% correction from the recent high, it is testing the support zone of 65,000-66,000. This is also a defensive area where multiple attempts to break through this year have failed. If it falls below this zone, it could trigger panic. The nearby support levels are at 62,000 - 63,000, supported by substantial buy-in.

If it can hold, the target is around 68,000 - 69,000, where the four-hour K-line is being suppressed by the 200-period moving average. A breakout above this level would allow the rebound to continue.