Bitcoin Evening Analysis

Regardless of the 4-hour or 1-hour timeframe, the left side shows a clear uptrend, and the trend itself has momentum that won't easily reverse.
It's normal to see pullbacks during an uptrend—it's impossible to only go up without any dips.
From a purely technical perspective, the pullback has likely ended.
According to a normal 1:1 pullback, it should have dropped to around 68091 to stop the decline, but the market bottomed and bounced at 70414, indicating this is the final stage of this pullback.
• If it continues to break through 72218, watch 73372 above, then the previous high of 74046
• Breaking the previous high could further target around 75690

Trading Recommendations:
• Breaking through 71848 with volume and holding steady: Aggressive long position
Target: 72273 – 73390, true breakout happens after breaking 71848

• Breaking below 70839 with volume and failing to retrace back: Chase shorts on the right side

4-hour Timeframe:
Breaking below 70556, watch 69273 – 68418 below

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