CryptoQuant analyst: BTC's recent surge was driven by futures and may retrace to the starting area

```htmlJinse Finance reported on April 13 that, according to CryptoQuant analyst oro_crypto's April 12 report, Bitcoin has confirmed a bearish market breakout. The recent rebound (from 66,000 to 72,000) was completely driven by futures leveraged capital and lacks support from spot buying. The current market has officially entered a bearish market / correction phase, and the price is highly likely to retrace to the starting region of this round of increases (66,000–68,000 US dollars). If it breaks below this range, it may further test the strong support at 60,000–63,000, which could trigger a chain liquidation.```