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A new week begins, and Bitcoin's early trading shows increased volatility. A sharp drop briefly pushed it down to 64,900, then quickly rebounded to around 67,000 before facing resistance and pulling back. Currently, it is consolidating around 66,600. From a technical perspective, the overall trend remains weak, but this wide-range fluctuation has not formed a sustained downtrend, so it’s not advisable to chase short positions at low levels for now. On the daily chart, the price has retested the lower Bollinger Band support area and shows signs of stabilizing; short-term momentum for a rebound should be watched. The 4-hour chart also indicates a bottoming and rebound pattern. Overall, the probability of a short-term upward move is increasing.
Recommendation: Focus on long positions around 66,000 and 65,500, with the first target at 68,600, and a breakout above that could see a move toward 72,000.