$BTC Recently, Bitcoin has been fluctuating with repeated swings, but overall buying support below remains evident. Geopolitical tensions and rising risk-averse sentiment have actually provided some support for Bitcoin.

From the market structure perspective, after a pullback, the bulls are showing strong recovery momentum, while the bears lack sufficient selling pressure to push prices down further. In the short term, the trend is more inclined toward sideways upward correction.

Currently, support levels are gradually rising, and multiple dips have been quickly recovered, indicating that major players are not willing to give low-price entry opportunities. The 70,000 level is a short-term key resistance. Once a volume breakout occurs above this level, the upward space will further open.

Trading Strategy
Buy on dips around 68,000 with stabilization

First target: Break through 70,000 and go long
Second target: Break through 72,000 and go long