Since the United States launched an attack on Iran, the Russia-Ukraine peace process has been basically at a standstill, analysts point out that even if both sides eventually reach some form of tacit ceasefire, it is difficult to regard it as a long-term peace milestone. Russian President Vladimir Putin has ordered a short-term ceasefire during Orthodox Easter. According to the order, Russian forces will cease operations in all combat directions starting from 4 p.m. Moscow time this Saturday until the end of Sunday.

Bitcoin prices have risen along with easing geopolitical tensions, reaching above 73,000 early in the day. Yesterday, BTC repeatedly indicated bullish signals below. From the current chart, the upward trend remains unchanged.

Returning to the technical analysis on the four-hour chart, the price movement shows a stepwise increase, with each pullback accompanied by new highs. Short-term resistance is at the 73,400 level, and support is at 71,500. As the price rises, Bollinger Bands and moving averages all move upward, so the bullish outlook remains unchanged for the day.

It is recommended to buy on dips around 71,500-71,200 in stages, with a target of 73,300. As long as the price moves up, it can continue to rise toward around 74,500.