In the early morning, Bitcoin surged to around the 74,000 level, then faced resistance and pulled back. After testing the 72,300 level in the morning and stabilizing, it rebounded. Currently, the price remains in a high-level consolidation, building momentum.
From the market trend perspective, the overall market is in a correction phase of sharp rises followed by pullbacks. There is clear resistance at the 74,000 level, and the short-term market is entering a range-bound consolidation. The hourly chart still shows a relatively strong trend, with the price supported by the midline of the moving averages. Multiple tests have not resulted in effective breakdowns, and the bullish trend remains dominant. The short-term upward structure remains intact. It is recommended to gradually add long positions on pullbacks.
For Bitcoin, consider buying on dips around 72,300-71,500, with targets at 73,800-75,800.
For Altcoins, consider buying on dips around 2,100-2,050, with targets at 2,180-2,250.