BTC Market Observation: Rebuilding Rather Than Collapse

The recent rapid decline indeed scared many people, but from the fact that the price has regained a key position, the buying enthusiasm is still there.

There's a detail worth noting — the support at the bottom has not been broken, and the rebound strength is quite decisive. This doesn't look like a continuation of downward momentum; instead, it resembles a consolidation at a critical price level.

As long as BTC can hold this current range, I tend to interpret this as a period of consolidation rather than a bearish signal. Consolidation usually means the potential for an upward move is still brewing. Of course, the risk of a breakdown always exists, but based on the current buying response, there is still an opportunity above.