Bitcoin 68,000 remains a lifeline support level, while 71,000-72,500 above is a welded pressure wall, and only a solid hold at 71,000 counts as a true rebound.

From a technical perspective, the hourly chart has adjusted nearly sufficiently, but the Bollinger Bands are narrowing with the upper and lower channels hovering within a 1,000-point range. The current approach remains focused on buying into pullbacks.