BTC short-term support at $64,500-65,500, short-term resistance at $67,200-68,000. The three major U.S. stock indexes fluctuated. The stablecoin market reached a scale of $110 billion. On May 17th, the net inflow of Bitcoin ETF in the U.S. spot market was about $2.51. Funds are flowing into the cryptocurrency market again. From the technical indicator MACD, it is obvious that BTC is strong, but does it mean that BTC is reversing? Not necessarily. First, we need to observe the active movement of funds and the strength shown in candlestick charts. It is possible that BTC will rebound to $68,000 or even $72,000. However, we should also pay attention to the complexity of the correction. BTC will face not only resistance levels but also a resistance zone from $67,200 to $72,000. It is difficult to break through this zone, so May is expected to be a period of consolidation. The key support level is still at $63,000-63,500. If it holds without breaking, a large-scale daily chart head and shoulders bottom pattern will form, which will be a good time for major positions. Be cautious in the short term, and only when BTC breaks above $68,000 is there a possibility of reversal, but be prepared for a bearish counterattack at key levels.