71000 touched three times

Each time it was around 70,000
This is not about breaking through
It’s about washing out
Shaking out the weak hands
The magnitude of each pullback is getting smaller
Indicating strong buying power below
That bullish candlestick over the weekend was not a trap
It’s smart money positioning in advance
The US stock market is closed on Monday
Even during the worst liquidity, it didn’t drop back
This is a strong signal
Not weak
Gold surged to a historical high of 5100
The dollar is weakening
This combination indicates one thing
The market is betting on liquidity easing
Funds are looking for reserve assets other than the dollar
Gold is the first choice
Bitcoin is the second option
Once this logic is established
Funds will flow from gold to the crypto market
Looking at the perpetual contract rates
It has always been negative
Indicating that shorts are still desperately leveraging up
What they are betting on is that 71000 cannot be broken
But this crowded short position
Is actually the best fuel
Once 71000 stabilizes
The short squeeze will directly push the price to 75000
The first two attempts were tests
The third is accumulation
This next attempt
May be the real breakthrough
The key is whether it can hold above 71000 for 6 hours
If it can close the daily line above 71500
We will see 75000 next week
Now is not the time to short
It’s time to pick a side
I stand on the bullish side
Dips to the 69500-70000 range can be bought in batches
Chasing longs after breaking 71000 is also fine
Set a stop loss at 68500
If it breaks, admit the mistake
The market often gives the smoothest trends when everyone doubts
71000 has been tested three times
The more times a resistance level is tested
The stronger the breakout will be
Don’t wait until 75000 to react
At that point, it will be buying again
The shorts are giving away money
Whether to buy or not is up to you$BTC ‌