🦅 Flying Fish Midnight Urgent News (Targeting the Peak): 70,000 Turns into a Steel Great Wall! Bitcoin Surges to 71,761, Is the Main Wave Fully Exploded? #BTC $BTC
Latest Situation In-Depth Review (Epic Short Squeeze):
Absolute Domination: Brothers, the most hardcore short squeeze market on the entire network is still ongoing! Yesterday, during the oscillation and shakeout around the 70,000 integer level, countless retail investors panicked and sold, even turning around to buy short positions. But the current market is extremely strong, and the price of 71,761 means the main force has no intention of giving shorts any breathing room. This rally is entirely driven by real cash in a “bulldozer” mode.
Top-Bottom Transition Complete: The 70,000 century-level barrier, after yesterday’s repeated struggle, has now completely hardened from a “ceiling” into a “titanium alloy floor.” As long as there is no black swan event causing a thousand-point plunge in the second half of tonight’s US stock market, the 70,000 level will be the strongest stepping stone to challenge 73,115.
The Temptation of Cold at the High: Although the overall trend is extremely bullish, the current price of 71,320 is very close to the resistance above. At this level, FOMO (Fear of Missing Out) sentiment has reached its peak. Historical experience tells us that before breaking through the previous high, there is a high probability of a deep “long squeeze” with sharp dips. Brothers running MT5 trend quantification, now is the time to print money while lying down, but brothers manually opening orders should avoid going all-in at market price on this halfway ascent!
1. Support and Resistance Levels (Flying Fish Midnight Precise Calculation Version)
🟢 Short-term support (1-3 days, pullback for adding longs)
70,500: Immediate support. During the intra-day high oscillation after Bitcoin breaks 70,000, this is the first line of defense if there is a slight pullback in the US market.
70,000: Strong support (Century Iron Bottom). The absolute psychological and technical resonance bottom of the entire market! As long as the pullback does not break here, the short squeeze bullish trend is invincible.
68,800: Core support (Top-Bottom Transition). The high ground of last weekend’s bull-bear meat grinder, now the ultimate moat.
🔵 Mid-term support (1-2 weeks, swing trading zone)
66,500: The liquidity bottom of the recent dip and shakeout.
63,600: The previous low iron bottom. The “golden pit” panic sell-off from last month.
60,000: The macro bull-bear century bottom.
🔴 Short-term resistance (1-3 days, rebound high-pressure zone)
71,800: Immediate resistance. The last psychological barrier before approaching a new all-time high, with some early profit-taking traders rushing ahead.
72,500: Strong resistance. The heavy shorting pressure zone below the previous high, filled with epic-level short defense orders and stop-loss orders.
73,115: Core resistance. The ultimate BOSS of the entire network! Breaking through this level, Bitcoin will enter a true price discovery vacuum with no resistance.
🟠 Mid-term resistance (1-2 weeks)
75,000: The first major integer level target after breaking through.
78,000: Major Fibonacci extension level and upper boundary of the ascending channel.
80,000: The psychological barrier of the macro raging bull market.
