I am skeptical of the following views, and I believe we should still short.

Bitcoin latest market analysis + support and resistance levels share!!! #BTC $BTC
🦅 Feiyu early morning urgent news: The battle for the 70,000 mark has begun! 69k “ceiling” turns into “floor,” bulls’ target directly at 72,000!
Deep review of the latest situation (starting Monday):
Effective Breakthrough (Confirmation): Brothers, hold steady! After the weekend buildup, the bulls successfully defended the key 69,000 line in early Monday trading and further broke above 70,000. The current price of 70,177 indicates that the previous resistance has completed a “top-bottom reversal,” and now 69k is the most solid support for the bulls.
Market Sentiment: The current market is very healthy. From the V-shape rebound from 63,600 to now, the market has digested most of the panic selling. The early morning volume contraction near 70k without breaking indicates strong buying support.
Next Scenario: Since we’ve stabilized above 70k, the next target for the bulls is very clear—testing the previous plunge starting point at 72,000. This is the source of wave C’s decline and the last fortress for the bears.
1. Support and Resistance Levels (Feiyu early morning precise version)
🟢 Short-term support (1-3 days, pullback for more longs)
69,500: Immediate support. The low point of the early morning pullback. As long as it doesn’t break below here intraday, it indicates a very strong upward trend.
68,800: Core support (new floor). The most important level! Former historical top, now a solid bottom. Breaking below means failure of the breakout (false breakout).
67,500: Trend support.
🔵 Mid-term support (1-2 weeks, swing)
65,000: Lifeline. The absolute safety line after the recent bottom at 63.6k.
63,600: Stage bottom. The previous “bear trap” low.
60,000: Century bottom.
🔴 Short-term resistance (1-3 days)
70,800: Immediate resistance. Fibonacci extension resistance after short-term rally, intraday high pressure.
71,800: Core resistance (bear’s stronghold). The focus of the entire market! This is the starting point of the previous crash, with heavy trapped positions. First touch is likely to cause a pullback.
73,500: Previous high resistance.
🟠 Mid-term resistance (1-2 weeks)
74,300: Major structural resistance.
76,200: Weekly chart resistance.
80,000: Final target.
2. Overall Analysis and Best Entry Strategy
Overall view: The current price at 70,177 is in the “momentum surge after breakout confirmation” stage.
Bullish Strategy (Follow the trend): Once 69k is broken, the trend fully turns bullish. The current logic is “pull back for more longs,” aiming to reach 72k this week.
Bearish Strategy (Left side): Momentum is too strong; shorting at the current price is “blocking the road.” The only worthwhile short position is around 72,000, betting on resistance and a pullback.