Currently, Bitcoin is entirely driven by news sentiment, making trading particularly complicated. If you want to go long, you're hesitant to chase; if you want to go short, you're worried about sudden reversals from US-Iran news. Negotiations are not going smoothly, and attacks are not being executed properly. The market's oscillations make it hard to take action. Brothers who haven't opened positions yet can observe first; aggressive traders can consider small positions based on the situation.

This wave of Bitcoin's rise has directly broken through the previous high, almost without looking back. Those who didn't enter early have no chance to get on board. Although there was a slight pullback to the 68788 level, the retracement was very small, and the price continued to rise afterward. Based on this trend, it is highly likely to test the resistance at 71327, but two conditions must be met: first, the price must stay within the 69576-68788 range; second, the extreme retracement must not fall below 68263. If it drops below this level, it will test the support at 67579. Falling below that would mean this upward trend is temporarily over.

$BTC Trading plan: Short positions between 69980-70480! First target at 68260, if broken, then look at 67550-66800! Stop-loss above 71200.

From the 4-hour chart, the market has formed a W-bottom pattern. The neckline at 69366 has been broken. If it breaks through 70651 later, it won't just be a rebound but a likely reversal. Breaking the previous high at 72058 could push toward 74890. Pay close attention to volume changes.