Market Analysis: The Bitcoin is waiting for a correction to confirm whether the 69,500 support level is effective. Recently, the market has been heavily influenced by fundamentals, leading to quick reversals, so avoid chasing orders.


Short-term: Currently, the first resistance level is around 72,500, with the first support level at approximately 69,500. The trading range is between 69,500 and 72,500. After breaking through 72,500, the second resistance is at 74,000; if it falls below 69,500, the support is around 67,700. Do not chase orders, do not hold against the trend, and strictly stop-loss on all short-term trades.
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