BTC broke through the 72k level as expected, reaching a high of 74k. Most of the short positions have been cleared out, and the next clearing point is around 79k. The current price has slightly pulled back, mainly because the longs from the bottom are starting to take profits. However, those who went long around 69-70k haven’t closed their positions yet, and even those who shorted in the 71-72k range haven’t exited either, which is keeping the market within this range. For now, watch for a pullback that doesn’t break the 70-69k level, as it could continue to push upwards toward 79k. If the momentum is strong, it might stop dropping around 71.5k and head straight up. Most of the spot positions are already in profit!