Bitcoin BTC first showed a large bearish candlestick on the 5th after a continuous daily decline, followed by a rebound in the subsequent days. From this, the short-term bottom of the market has emerged. Based on current conditions, the height of this rebound is limited by the 71,990 level, with short-term resistance gradually decreasing.

Above that is the familiar at 75,180, which exerts resistance on the current price. Therefore, the overall resistance in the current zone is within the 71,990~75,180 range. We should focus our analysis around this range.

1. When the price enters the 71,990~75,180 zone but does not effectively break through 75,180, it needs to consolidate in this area for at least 3~6 days. After building a sideways base, holding at 71,990 can allow for a bullish breakout. Once a full breakout occurs, the next target high could be in the 80,480~83,920 range (most likely the ultimate position achievable in this initial consolidation phase).

Operational details: Upon first reaching 75,180, observe resistance. When the price retraces to 71,990 and the 4H MA30, consider low buy orders and gradually attempt upward plays.

2. If the market volume breaks through 75,180 (a low-probability event), and considering that the daily chart has already repaired oversold conditions, with medium- and long-term structures still bearish, the upward push from this area is unlikely to be sustained. Avoid chasing the rally and reserve the option to sell high. However, if after the rally the price retraces back near 75,180, short-term operations are relatively safer.

3. If the price turns downward again, the probability of a new short-term low is not high. Watch the recent support levels at 66,989~62,760 for potential trading opportunities (1:2 risk-reward ratio, or split into separate trades).

The key levels in these three points have been effective recently. Typical reference levels are as follows:

Short-term resistance: 74,270~76,210, second resistance: 80,480~82,251
Short-term support: 66,989~66,293, second support: 63,999~62,156

These levels generally require quick in-and-out trades; refer to daily market analysis for details.

The original sideways lower boundary at 58,185~54,476 is now difficult to reach given the current technical structure, but support remains unchanged. If you have spare funds, just hold them.

Check the chart for details; act on whichever side reaches first.