Crypto Guru (Nick) released the latest BTC technical analysis today: on the short-term (4-hour chart), signs of a rebound after a drop are appearing, successfully breaking the short-term downtrend line, with the possibility of continuing to test resistance levels above.

Key range assessment:

For short-term trades, keep a close eye on $61,500 as the primary support.

$64,000 - $65,000 is the main resistance zone.

Crypto Guru points out that while there's a short-term bounce and correction demand, the daily timeframe is still clearly in a downtrend. We must regain the previous high of $66,000 to truly flip the short-term weakness.