Last Monday, Bitcoin rebounded several times from the 65,000 level. This Monday, Bitcoin again rebounded from around 65,600, reaching a high of 68,000. Based on the current trend, short-term bulls are expected to push towards the 69,000 level.

During the Asian session pullback, the European and U.S. sessions are likely to see a small unilateral move. This is also what I mentioned today about the beginning of the week being prone to a one-sided trend. Even if risk aversion continues to suppress the market, it’s hard to change the bullish sentiment.

Recent market movements have been heavily influenced by risk aversion. If a sharp decline like in the past occurs, it would indicate a broader downward trend, which could be an opportunity. However, if the market continues to drift downward like this, it will be the most testing moment for traders—playing the game at the bottom of the market. Not getting wiped out would be lucky. $BTC