Overnight trading was driven higher by the US stock market opening, reaching around 71,700 before facing resistance and pulling back. Yesterday's short positions have already been stopped out and exited.

Currently, the price is fluctuating around the 70,000 level, remaining within the major cycle consolidation zone. The overall trend remains unclear, and a trending market has not yet formed. For now, a wait-and-see approach is adopted, focusing on intraday short-term trading.
From the 1-hour chart perspective, after testing the lower Bollinger Band and stabilizing, the rebound has occurred, with the downward momentum temporarily weakening. The rebound has not yet reached the key resistance zone, leaving room for short-term upward correction.
Buy first, then sell; operate within a range.
• Long position zone: 69,500—70,000, staggered entries
• Short position zone: 73,000—73,500, staggered entries
Strictly limit single trade stop-loss to within 5% of total position, execute with light positions, avoid heavy leverage, and adhere strictly to trading discipline. #微策略再砸12.8亿美元增持BTC #加密市场上涨