Yesterday, Bitcoin repeatedly tested below but stabilized above 70,400, touching a low of 70,500 before consolidating upward. During midnight, it surged violently with high volume, reaching a high of 74,900 in the morning. The long entry points provided yesterday were accurately fulfilled.

From the market perspective, Bitcoin strongly broke through the previous weak consolidation pattern, with a clear bullish offensive, aiming for the previous high of 76,000. The daily chart is about to form a volume-driven bullish candle, breaking through the moving averages and returning to an upward channel, confirming a trend reversal; the four-hour chart shows three consecutive bullish candles breaking through the middle and upper bands, with sufficient bullish momentum, and the technical indicators are fully bullish. The only remaining key resistance is at 76,000; an effective breakthrough would open a new upward space. After a pullback with a small bearish candle on the hourly chart, it has accumulated strength, with ample selling pressure released and a healthy structure. Currently consolidating around 75,000, with further upward potential expected, so our long-term bullish outlook remains unchanged!

Bitcoin retraced around 73,500-72,900, with a target of 76,000. A breakout would then aim for 77,300.

Altcoin retraced around 2,310-2,280, with a target of 2,450-2,550.