Bitcoin's 4-hour level continues to print small positive candles with oscillating uptrend, with lower points gradually rising, showing a clear bullish repair pattern. MA5 crossovers above MA10, initially forming a bullish alignment structure, MACD forms a golden cross above the zero axis with red histogram bars continuing to expand volume, further strengthening bullish momentum.

In terms of trading approach, focus on buying dips as the main strategy with selling rallies as supplementary. The short position entered at 70500 during early morning hours has been closed below 70000, currently holding long positions around 70000 level, targeting 71500-72000 in the upside.