From the four-hour level observation, Bitcoin is currently in an oscillating upward channel following a breakout, with K-lines steadily advancing along the upper band of the Bollinger Bands, displaying strong upward momentum. The moving average system maintains a bullish alignment, with short-term and mid-term moving averages providing effective support, lows gradually rising and highs continuously advancing, the overall uptrend structure remains intact, and the technical pattern is biased towards bullish.

It is suggested to go long around 71200, 71700, with targets first looking at 74100, and if this level breaks, looking at 77000.
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