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#比特币站上七万美元 Bitcoin sets the stage and breaks through 72000, Ethereum catch-up rally launches and breaks above 2100, is the second half of the bull market here?
From last night to now, Bitcoin has formed a clear "consolidation accumulation-volume breakout-pullback confirmation" structure. After rallying higher during today's session, it pulled back with a K-line showing a long upper shadow, indicating significant profit-taking pressure at highs. The hourly level shows a "box breakout followed by high-level consolidation" pattern. This morning closed with a high-volume bullish candle, indicating strong bullish momentum. The current pullback has not broken 71000, which is a healthy post-breakout confirmation. The consolidation range is roughly around 71000-71500 USD. Intraday focus should be on potential breakouts from this range. The first resistance above during the day is around 71900-72200 USD (today's high and the upper edge of the previous channel). If it breaks above on volume, the next target is the 73000-73500 USD zone. If 72200 holds firmly, medium-term targets could reach around 74400. Below, the short-term support level is 71000 USD (today's pullback zone and round number level). The key support is at 70500-70800 USD (previous breakthrough high and top of the consolidation box). Strong support lies at the 70000 round level. As long as this level does not break, the short-term rebound structure will remain intact. The market is currently in the post-breakout confirmation phase with strong bullish momentum remaining. For conservative traders, it is recommended to wait for the price to pullback to 70500-70800 region and stabilize before entering to catch the rebound. High-level short positions should be cautious.