Bitcoin Market Analysis: The daily chart shows three consecutive positive days, especially following a significant increase the day before, indicating a strong bullish trend. The price is moving within an upward channel, supported by both moving averages crossing and the BOLL showing a slight opening, which is expected to further expand the upward space as the market progresses. In the short term, the key resistance is focused around $73,000, while the key support is around $70,000. In the short term, the price may face pressure around the $73,000 resistance and fall back, with the early morning phase being mostly in a sideways state. Although there is a slight decline in the Asian market and some technical retracement, the overall situation is still in the process of adjustment. The key support in the short term is around $71,000. In summary, for the market in a bull market, whether the price breaks through or faces a pullback, the direction remains to adhere to the bullish trend. If there is a breakthrough, then follow the trend and go long. If there is a pullback, as long as it is not significant, it provides an opportunity to go long. The key focus is on the $71,000 support level.

Short-term resistance levels: $72,000/$73,000 Short-term support levels: $71,000/$70,000

Bitcoin Real-time Trading Strategy:

Long positions at $70,900 in the Asian market have been secured

Long positions in the range of $70,300-$70,600 during the Asian-European market, with a target of $71,200-$71,500. If there is a breakthrough, continue to add long positions, synchronized with Ethereum!

Adhering to the trading philosophy of "simplicity, trend-following, no greed, and steady execution" is the path to wealth. Focusing on spot contracts such as Bitcoin and Ethereum for many years, using the lessons learned from the "blood" of many retail investors in the market to guide your progress. Follow Yuhui and don't get lost, Yuhui will help you create wealth!

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