Morning Analysis

Although Bitcoin remains under pressure from a downward trend line in the short term, the support at 68,750 remains solid, with rebound momentum continuing to build. The 71,500 level is only a short-term resistance, and a bullish reversal pattern is gradually taking shape.

Price has stabilized and rebounded from 68,750, with limited room for decline and strong buying support below. After fully digesting the selling pressure, there is potential to break through the upper resistance.

Trading should focus on buying on dips near the lows, especially in the 69,500-70,000 range. If the price dips and holds above support, consider gradually entering long positions. Keep an eye on the key resistance at 71,500; a volume breakout above this level could open further upside space. Do not blindly short.

Trading Suggestions
Buy near 69,000-69,500 with targets around 71,000-71,500
Ethereum: Buy near 2,080-2,110 with targets around 2,230-2,250