BTC Shorts Update Still holding all shorts 10% more shorts added on BTC from here $71,000 Same target $66,700 or Down Not a Financial advice #OilPricesSurge #btc #bitcoin $BTC $ETH $XRP

#Bitcoin hits $71,000. #Crypto $BTC

Wednesday Night Market Analysis: The midday market saw an increase in buying pressure, pushing the price from around 67,400 up to approximately 71,500 with fluctuations. Currently, it is consolidating around 71,200. The attitude around 1,945 saw buying pressure increase, pushing the price up to about 2,080 with fluctuations. The short positions taken at midday have been closed. The daily K-line structure shifted from bearish to bullish, gradually approaching the upper band from near the middle band, forming a large bullish candlestick. Buying pressure is gradually increasing, MACD is moving upward, and the KDJ indicator is dispersing and trending upward. The weekly K-line shifted from bearish to bullish with reduced volume, approaching the upper band. The four-hour structure shows bullish momentum with increasing buying pressure above the upper band, MACD trending upward, and KDJ dispersing upward. The resistance structure has been broken through. The hourly structure shows continuous bullish momentum with six consecutive bullish candles. The overall trend is upward. Wednesday Night Outlook: If the market retraces to around 70,800-70,300, look for upward movement toward 72,000-73,000. Watch out for support around 69,800. If the market retraces to around 2,050-2,030, look for upward movement toward 2,100-2,130. Watch out for support around 2,000. Market volatility is high. Pay attention to risk management and defensive strategies. Profit within the range and secure your gains.