Bitcoin Market Analysis: On the daily chart, the big cake (Bitcoin) still maintains a bullish trend, but overall it is still in a triangular consolidation area. The only bright spot is that it is at the top of the adjustment area. With BOLL showing a narrowing state, an explosive market only needs a guiding point. On the hourly chart, after the coin price stabilizes around $70,000, it maintains oscillating upward, and short-term bulls are also expected to make a breakthrough. The resistance around $71,500 is the focus above, while the support around $69,500 needs attention below. In trading, maintain a low long and short selling strategy.

Short-term upper pressure levels: $71,500/$72,000 Short-term lower support levels: $70,000/$69,500

Real-time Bitcoin trading strategy:

Buy in the range of $69,800-$70,000 on the downside, control the stop loss by yourself, and target the vicinity of $70,800-$71,500.

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