Extreme Fear! BTC Shows Signs of Bottoming Out and Rebounding, Is a Rally to 67,500 Imminent?

According to monitoring by AiCoin, BTC has formed a bullish engulfing pattern near the support level on the 30-minute timeframe, signaling the initial appearance of a short-term reversal. Currently, the coin price is consolidating near the key resistance level of 67,000 USDT. If it can break out with increased volume and hold above this level, further upside potential will be unlocked. Technical traders may do the following: Make small attempts to buy on a pullback near the 66,281 support level, targeting the 67,000 resistance level. If the price holds firmly above 67,000, consider moderately increasing positions; if it falls below 65,800, decisively cut losses and exit. The market is currently in extreme fear (index 11), which is often a good opportunity to accumulate in batches.