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Bitcoin's short-term weakness against the downtrend line, but the 68750 support level has been validated effective, and the rebound structure remains intact. 71500 is merely local resistance; after breaking through, it will accelerate to explore higher targets, with bulls brewing a new wave of attack.
Price has gradually risen after repeatedly testing and consolidating around the 68750 region, with pullback intensity clearly weakening and continued buying support from below. After selling pressure has been fully digested, once a volume breakout forms, trend reversal will be officially confirmed.
Recommendation: go long around 69000 and 69500 levels, with targets first at 73000, and breaking above that looking toward 75000.
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