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This week opened high and closed low, with relatively small fluctuations yesterday on Friday. Bitcoin is still consolidating around the 70 level. On the weekly chart, it should still be forming a small bearish candle. From a larger perspective, the confirmed bottom is at the 63 level, and the recent upward trend has not been broken. In terms of positioning, the outlook remains bullish, aiming for higher levels. For long-term holdings, if we have positions at the bottom, there's no need to worry. In the short term, we can look for lower entry points to go long.
Regarding the technical structure: The daily candlestick is above the SAR indicator, and the bullish trend remains intact. Yesterday's secondary test of the bottom did not cause a breakdown. Technically, short-term support has been established. External liquidity is also beginning to strengthen, which are all relatively optimistic signals. If we can hold above 70 in the short term, next week’s opening could see levels around 73.
Bitcoin trading suggestion: Around 70,200, aiming for 73,000.