This week, Bitcoin continued from last week's rebound near 72,700, initially rallying to around 76,000, then began to retrace, and this morning even came to the low point near 68,100.

The overall market has been under pressure recently, with bulls retreating step by step, reflecting a continuation of the weak pattern. Since the breakdown in early February, the market has remained within a wide fluctuation range, with weak rebounds and frequent downside explorations becoming the norm recently.

From the daily and four-hour levels, the price formed a long lower shadow after the previous down explore, and the current candle has turned positive, showing that the receiving strength at low levels has increased somewhat. This structure typically suggests that the short-term downward pace is slowing, and bulls are attempting to organize a corrective bounce.

Recommendation: Go long around 67,600, add positions at 66,600, target first at 70,000, break above and look to 75,500.
$BTC $ETH #Gate13周年全球庆典 #AnimocaBrands投资AVAX