Bitcoin is in a stalemate in the midnight market, with the price repeatedly testing around the bottom support range. From the perspective of the K-line pattern, the selling pressure of the bears in this round of pullback has weakened significantly, and the technical side shows that the conditions for a rebound are accumulating.

Although the short-term rally is blocked, a deep look at the details of the market can find that the strength of the bulls is quietly gathering. The multiple touches and rebounds of support levels just illustrate the firmness of the lower takeover. Many subtle technical signals are often easy to overlook, but these details are the key to judging the turning point of the market.

Although the upward momentum has not yet been fully released in the current period, judging from multiple cyclical indicators, a relatively clear rebound trend is brewing. Patiently hold the current position and wait for the formation of a bullish trend, waiting at this point may be exchanged for profit opportunities when the next market starts.