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Bitcoin Evening Public Outlook
Channel pullback confirmation, focus on key levels. Recently, Bitcoin has been repeatedly demonstrating a 1:1 upward rhythm within the price channel. Just completed a test of the upper boundary of the channel, support confirmed to be effective, currently in a rebound process.
The upper boundary of the channel cannot be effectively broken below; the extreme pullback can only accept the 70966 level.
If it falls below 70966, the 1:1 upward logic is directly invalidated, and it will retest the lower boundary of the channel at 68936. All bets are off.
To continue the 1:1 upward trend, a breakthrough of the previous high at 74030 is necessary.
After breaking through, the upward target is around 75891.
Trading Suggestions:
Volume breakout above 73711, chase long on the right side.
If it drops below 71860 with volume and cannot recover on the rebound, set a stop-loss accordingly. $BTC #加密市场上涨 $ETH