Looking back at the intraday market, the coin price surged strongly to break the previous high of 74,000, then entered a sustained slow correction. In the afternoon, the coin price was blocked during the decline, experienced a rebound, and then continued the previous correction trend. In the evening, following the US stock market rhythm, the coin price accelerated downward again. Currently, the coin price is trading below the 71,000 level. The bearish outlook in the morning and afternoon also served as a reminder for a rebound. The real-time trading positions for the day have once again accurately captured the short positions. As I always say, if you follow my strategy, you'll only be frustrated for not catching up and constantly watching others profit. So far this week, my real trading record is just one loss, standing proudly in the crypto circle. If your recent operations haven't been ideal, you might as well follow the rhythm directly. Haoyu is confident in helping you quickly get out of the current predicament.

Looking at Bitcoin on the four-hour chart, the price quickly surged with consecutive bullish candles, breaking above the upper band to form an oversold condition, then quickly fell back with a bearish engulfing pattern. While adjusting and repairing the chart, it also continued the previous large-scale oscillation and upward trend structure. Based on the current MACD histogram, the bullish momentum is continuously weakening, indicating that the bullish trend will further decline. However, considering the overall four-hour structure, the midline support is relatively strong. If there is no effective breakout in the future, the price will likely rebound strongly in the next wave. In the short-term hourly chart, the price followed the US stock market rhythm, dropping rapidly with consecutive bearish candles. As the Bollinger Bands continue to open downward, the bearish momentum is strengthening, but the J value in KDJ has turned negative again. With US stocks nearing close and the rebound and correction demand increasing, our outlook should focus on rebounds. Pullbacks to participate in long positions are recommended.

Bitcoin around 70,500 is a good buy, watch for 72,000. Second coin around 2,030, watch for 2,130.