A key position has emerged, and it deserves close attention!Bitcoin / TetherUSBINANCE:BTCUSDTPrecision_Advantage_TraderHello traders, the following is my technical analysis based on the current BTCUSDT market structure. Previously, BTCUSDT was operating within a downward channel. After the price continued to weaken, it found support near the long-term upward trend line and the demand area, and a rebound occurred. However, after the rebound, the price did not directly form a new upward trend, but instead formed a new downward channel. The overall trend is still suppressed by the pressure above. From the current structure, although the price has rebounded to some extent, as long as BTCUSDT remains below the 65,000-66,000 supply zone and the upper resistance of the descending channel, the short-term bearish logic remains valid. This area is not only an important supply zone in the previous period, but also a key position for judging whether the market can truly complete the trend reversal. Therefore, it is not advisable to prematurely define the rebound as a trend reversal until the price effectively breaks through and holds above the 65,000–66,000 range. In the current market, it is more important to pay attention to the price performance near the upper edge of the channel. If the price rebounds to the key resistance area and then encounters resistance again, or if there are signs of a pullback after a surge, we should still be wary of the bears exerting their strength again. Conversely, if BTCUSDT can break through the 65,000-66,000 supply zone with significant volume and effectively hold above the channel resistance, then the current bearish structure will be substantially damaged, and the upside potential will be reassessed based on the new price structure.