Currently, after Bitcoin's rebound and surge, it encountered resistance near the first resistance level of 66,500. The smaller timeframe has entered a sideways consolidation phase.

If the market is to continue its rebound, it must effectively break through this resistance level. The subsequent rebound targets can be seen in the 67,000–68,500 range.

The key turning point for Bitcoin's bulls and bears is at 68,500. Until the daily chart can hold above 68,500, the market is unlikely to see a significant surge; only a successful breakthrough of this resistance will open up a larger rebound space.

For tonight's pullback, support is at 65,700. If the 1-hour timeframe breaks below this level, it indicates that this small-scale rebound is essentially over, and the market is likely to dip again. The next downside targets are 64,500, 63,000, and 62,000.