71K is it a counterattack signal or a bull trap?



BTC has once again touched 71,000, officially called a "technical recovery," but veteran traders prefer to call it—an emotional rebound test level. This level has never been the end point but a battleground for bulls and bears.
①Trend Judgment
If trading volume continues to grow and stays above the key moving average, this could evolve into a new rally starting point; but if volume shrinks while pushing higher, it looks more like a trap. True trend continuation must be confirmed by capital flow, not just emotional impulse.
②Positioning Strategy
Personally, I prefer a "half-position HODL + half-position swing trading."
The reason is simple: when the market is uncertain, the importance of direction judgment is less than position management. If it rises, there are profits; if it falls, there are bullets.
③Macro Impact
Non-farm payrolls and CPI are essentially liquidity expectation indicators. If data reinforce rate cut expectations, BTC usually benefits; otherwise, it faces pressure. Geopolitics and elections influence risk appetite more than directly determining the trend.
Bitcoin Rebound
In one sentence:
Price can deceive, but volume rarely lies.
One interaction:
Do you think 71K is a new starting point or a test of bull stamina?
BTC-2,66%
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MasterChuTheOldDemonMasterChuvip
· 4h ago
Hold on tight, we're about to take off 🛫
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MasterChuTheOldDemonMasterChuvip
· 4h ago
2026 Go Go Go 👊
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