
Bitcoin followed the rebound in U.S. stocks, showing short-term optimism and increased trading volume. However, it clearly reversed after encountering resistance at the 4-hour level; it’s still too early to confirm a full-fledged strong phase at the hourly level, so caution is advised! First, wait for a clear breakout and sustained hold above the key resistance near $70,500—otherwise, avoid excessive optimism. If the decline hasn’t been accompanied by increased volume, the rebound is likely to lose momentum quickly, so proceed with caution on this short-term rally! https://t.co/RNjc2DJpAP
