Bitcoin Latest Market Analysis + Support and Resistance Levels Sharing!!! #BTC $BTC

🦅 Fishy Morning Rapid Update: The 70,000 Breakout Battle Begins! 69k “Ceiling” Turns into “Floor,” Bulls’ Next Target Directly at 72,000!
Deep Review of the Latest Situation (Starting Monday):
Confirmed Breakthrough: Brothers, hold steady! After the weekend buildup, the bulls successfully defended the key 69,000 line on Monday morning and further broke above 70,000. The current price of 70,177 indicates that the previous resistance has completed a “top-to-bottom” reversal, and now 69k is the strongest support for the bulls.
Market Sentiment: The current market is very healthy. From the V-shape rebound from 63,600 to now, the market has absorbed most of the panic selling. The early morning volume contraction near 70k without breaking indicates strong buying support.
Next Scenario: Since we’ve stabilized above 70k, the next target for the bulls is very clear—testing the previous plunge starting point at 72,000. This is the origin of Wave C’s decline and the last fortress for the bears.
1. Support and Resistance Levels (Fishy Morning Precise Calculation)
🟢 Short-term Support (1-3 days, pullback for more entries)
69,500: Immediate support. The low point of the early morning pullback. As long as it doesn’t break below here intra-day, it indicates a very strong upward trend.
68,800: Core support (new floor). The most important level! Formerly a major top, now an absolute bottom. Falling below this means a failed breakout (false breakout).
67,500: Trend support.
🔵 Mid-term Support (1-2 weeks, swing trading)
65,000: Lifeline. The absolute safe line after the 63.6k bottom.
63,600: Phase bottom. The previous “bear trap” low.
60,000: Century bottom.
🔴 Short-term Resistance (1-3 days)
70,800: Immediate resistance. Fibonacci extension resistance after short-term rally, intra-day high-pressure level.
71,800: Core resistance (bear’s stronghold). The focus of the entire market! This is the starting point of the previous crash, with heavy trapped positions. First touch likely to cause a pullback.
73,500: Previous high resistance.
🟠 Mid-term Resistance (1-2 weeks)
74,300: Major structural resistance.
76,200: Weekly chart resistance.
80,000: Final target.
2. Overall Analysis and Best Entry Strategies
Overall View: The current price of 70,177 is in the “momentum surge after breakout confirmation” stage.
Bullish Strategy (Trend-following): Once 69k is broken, the trend fully shifts to bullish. The current logic is “pullback for more entries,” aiming to test 72k this week.
Bearish Strategy (Left Side): Momentum is too strong; shorting at the current price is “blocking the road.” The only worthwhile short position is around 72,000, betting on resistance level pullback.