Data compiled by Woofun AI shows Bitcoin trading at $65,666.92, maintaining a firm hold above the critical $65,000 support threshold. This stability follows a rebound from lower levels, where aggressive buying activity within the $60,000 to $65,000 range absorbed selling pressure. The shift from resistance to support at $65,000 has established a constructive daily chart structure, driven by easing geopolitical concerns and sustained buyer participation.

Concurrently, derivatives metrics indicate a sentiment pivot. The OI-Weighted Funding Rate has transitioned from negative values, which reflected dominant short positioning during the corrective phase, to positive territory. This change signals renewed interest in long exposure, though leverage remains balanced compared to previous cycle extremes. Technical analysis identifies $70,570 as the nearest resistance, with further upside targets positioned at $74,948, $76,304, $83,288, $85,217, and $97,963.