Bitcoin's recent movement is actually quite typical:

The day before, it surged 7%, directly reaching 75k, and the next day, it retraced 3%, essentially a standard profit-taking wave.
The market's explanation is "U.S.-Iran easing, risk aversion cooling," but honestly, this macro narrative is more of a catalyst that amplifies volatility; the real core is—it's gone up too much, and someone wants to take profits.
However, what's interesting is that the structure hasn't broken down.
The daily chart still shows a relatively strong converging pattern (more like an ascending triangle), MACD is trending upward, and RSI is in a healthy zone; this pullback seems more like a preparation for the next surge.
Currently, there are two key levels:
Looking up, 76k—once volume breaks through, 80k isn't far away;
Looking down, 72k—if it falls below this, the current rhythm will have to start over.
So my understanding is:
This isn't weakening, but a "normal shakeout."
The real thing to watch out for isn't a decline, but a breakdown of the structure.