Although Bitcoin rebounded strongly and broke through 69,000, it quickly retreated afterward. Market sentiment is somewhat complex, but currently it remains within a range of consolidation. As mentioned earlier, before breaking through the range, there's no need to overly worry about a one-sided trend. Both bullish and bearish opportunities exist around the range for short-term trading.

Currently, the battle between bulls and bears is intense. While neutral sentiment leans slightly toward bearish dominance, there is still some short-term upward rebound momentum. Keep an eye on the support around 65,500 - 66,000. A break below this would indicate a structural breakdown. Resistance at 68,500 - 69,500 may see a lack of strength or be blocked, so short positions can be considered if resistance holds.