Bitcoin Fear and Greed Index is 10 ~ Extreme Fear Current price: $71,227

#BTC Dogzhuang is still taking over, is it about to drop after one shot?

Evening Analysis The daily chart steadily closes higher, breaking through the 70,000 level, but there are hidden risks for the bulls: the candlestick has approached the upper Bollinger Band. Without sufficient volume to support the move, a technical correction could be triggered easily. Although the larger timeframe remains bullish, the 72,000 historical dense zone presents strong resistance; after breaking through 70,000 on the four-hour chart, the foundation is not yet solid, and attempts to push towards 72,000 are clearly lacking momentum. Trading Recommendations Consider short positions around 72,300-73,000, targeting 70,000-69,000 Consider short positions around 2,090-2,120, targeting 1,920-1,950