Stop loss isn’t failure—refusing to let go is the abyss. Bitcoin’s price has been climbing steadily this week, driven by geopolitical factors. In the early session, it even directly moved above 73,000. Judging from the overall chart, the structure is in a range-bound upward phase. The possibility of a move to 75,000 can’t be ruled out.

Looking back at the current chart, on the 4-hour timeframe the coin’s price is rising in a step-like pattern, with the lows continuously being lifted. Each pullback is accompanied by a new high. The near-term pressure-testing resistance is at the 73,500 level, while the bottom support is at the 71,500 level. As the price rises, the Bollinger Bands rise as well, and all moving averages shift upward. In the short term, there may still be a slight dip.

It’s recommended to look for longs in batches on pullbacks in the 71,500-71,000 area, with targets around 73,000; if it breaks through, it could reach 75,000.