Still volatile! Bitcoin continues to fluctuate at high levels, with bulls and bears repeatedly pulling back and forth. During the early session, the price briefly surged to around 71,380, but selling pressure quickly emerged above, and after the surge, the momentum noticeably weakened. The market then began to decline, with the lowest point touching the 70,100 level. As previously mentioned in the strategy, in the short term, it is advisable to attempt short positions at high resistance levels. After the price reached a key resistance zone and fell back as expected, traders could take profits and exit successfully. This wave of market movement once again proves that trading is never about who can rush faster, but about who can see clearly and wait patiently. True opportunities are often hidden at critical points; only those who dare to execute and know how to execute can truly turn volatility into profit.

Regarding the current market, the 1-hour chart shows clear support after retesting around 70,100. The price quickly recovered and formed a rebound structure, indicating some buying strength in this area. The short-term moving averages are gradually flattening, and the market has entered a short-term consolidation and correction phase. Looking further at the 4-hour chart, after retesting the middle-lower band of the Bollinger Bands, the price re-entered the channel, maintaining a high-level consolidation pattern. The bullish trend has not been broken. Currently, focus on the resistance zone between 71,300 and 71,800. If a volume breakout occurs, the market could extend further upward; meanwhile, the key support remains at the 70,000 level. As long as this area is effectively defended, the overall structure remains oscillating but relatively strong. In summary, after a round of decline to release pressure, the short-term trend favors retesting key supports for low-buy opportunities, with a more cautious and steady approach. #美伊局势影响 $BTC