CryptoHaoGe

Last night, Bitcoin steadily climbed from the 66,100 level, breaking through the previous consolidation zone with increased volume. It reached a high of 67,300 before slightly pulling back, currently consolidating around 67,000. The candlestick pattern shows a full-bodied bullish candle with higher highs, indicating a typical breakout retest pattern. The previous resistance at 66,500 has now turned into a key support level, and the overall upward structure remains intact.
In terms of volume, the upward phase is characterized by significant trading volume, with clear signs of capital inflow. Du

Reviewing the afternoon market, Bitcoin faced resistance at around 68,900 and pulled back. The bears increased selling volume in two consecutive waves, initially dropping to around 68,100 for a brief sideways consolidation. Then, the bears regained momentum, with the price hitting a low of approximately 66,100, resulting in an overall correction of about 2,000 points. Currently, the price has slightly rebounded, trading around 66,600.
From a structural perspective, although this correction is quite significant, it is more of a deep shakeout within the bullish trend rather than a trend reversal