Bitcoin has encountered resistance and pulled back at the 74400 pressure level twice. Currently, the pullback range is limited.



Tonight, focus first on the 72300 support level. As long as it doesn't break effectively, the bullish structure remains intact, and there is still a chance for the market to surge higher again. Upper resistance continues to be watched at 74400—75600.

Conservative short positions can be attempted in batches in the 75600—77000 range.

If the bulls weaken, we first need an effective break below the 72300 support level. Further downside to watch the 71000—70000 spike area. At that point, long positions can be re-entered.$BTC
BTC-4.17%
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