70,000 Turns into a Steel Great Wall! Bitcoin Soars to 71,761, Is the Main Wave Fully Exploded? #BTC $BTC ‌

Deep Review of the Latest Situation (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 at 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 indicates that the main force has no intention of giving the bears any breathing room. This rally is entirely driven by real cash in a “bulldozer” mode.

Top and Bottom Reversal Completed: The 70,000 threshold, a century-level barrier, has been thoroughly hardened from a “ceiling” to a “titanium alloy floor” after yesterday’s repeated battles. As long as there is no black swan event causing a thousand-point drop 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 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 (Deep Night Fisheye Calculation Version)
🟢 Short-term support (1-3 days, pullback for more entries)
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 Ironclad Bottom). The absolute psychological and technical resonance bottom of the entire market! As long as the pullback does not break here, the short squeeze trend remains invincible.

68,800: Core support (Top and Bottom Reversal). 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 that caused a dip and shakeout a few days ago.

63,600: The previous low ironclad 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 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 resistance-free price discovery vacuum.

🟠 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.