Bitcoin experienced a major upward move yesterday, then retreated to the 62 level to stop the decline and rebound. The highest reached around 70,000, with an overall increase of nearly 8,000 points, indicating the strength of this rebound.

Yesterday, as the market showed an upward trend, I mentioned to directly look for bullish signals at the bottom. This prediction has been fully confirmed.

Currently, on the four-hour chart, the price is testing the upper band resistance, and the retracement strength is very weak. On the daily chart, it has stabilized above the middle band, indicating that the bulls still have momentum to continue higher. Therefore, it is recommended to look for further gains on a pullback.

For intraday trading, you can consider buying in stages within the 67,800-67,500 range, with a target above 71,000.