$BTC Evening Viewpoint:

This market is being manipulated too heavily by news factors, making you hesitant to go long or short. When going long, it quickly hits resistance without a pullback; when shorting, there are external factors like US-Iran conflicts and negotiations. The best approach is to wait and see until the US-Iran conflict settles before trading, unless you're an aggressive trader. Otherwise, with talks starting and stopping intermittently, the market feels like a dance—how can you decide? Bitcoin has once again broken through the previous high, reaching an even higher peak, without any pullback—just a surge upward, leaving no chance to get in early. If you say Bitcoin didn't pull back, it did slightly retrace to around 68788 before rallying. If you say it did pull back, the retracement wasn't deep enough. Based on this rally, Bitcoin is likely to test the resistance at around 71327. You can aim for the 71327 resistance, but two conditions must be met—both are essential: first, it must stay within the 69576-68788 range to continue pushing upward; second, the deep retracement cannot fall below the flag pattern, which should stay within the consolidation zone around 68263. If the flag pattern is broken downward, it will test the support at 67579. Breaking below 67579 would temporarily end the bullish trend.

Bitcoin, with volume, broke through 70110 and aggressive traders can chase longs. A volume break below 69635 indicates a pullback, which may be a false breakout, so set a proper stop-loss.
On the hourly chart, breaking and holding above 70110 targets 71382-71996. Holding above 70110 suggests continued upward movement.
On the 4-hour chart, a break below 69549 points to a target of 68876-67653.

The 4-hour triangle pattern has been broken, and inside the triangle, a 4-hour W-bottom neckline at 69366 has been broken. The W-bottom on the 4-hour chart has been formed. To challenge the upper boundary of the 4-hour range, a breakout above the midline at 70651 is needed. Only after breaking 70651 and surpassing the previous high of 72058 can it aim for the upper boundary near 74890. Once Bitcoin breaks above 70651 on the 4-hour chart, this is no longer just a rebound—it signals a reversal. This is the current trend from the 4-hour perspective. Pay attention to volume changes.
$BTC