Yesterday, Bitcoin rebounded from a low point of around 68,300 and moved higher, reaching a high of approximately 71,700 in the evening, with a daily increase of nearly 3,500 points.

From the current market situation, Bitcoin maintains a pattern of steady upward movement with a stable rhythm. The four-hour chart shows a strong consecutive bullish pattern, with only a small bearish candle during the period to absorb bearish sentiment. The market atmosphere continues to warm up, and buying support below has significantly increased. The evening correction features quick tightening and stabilization with a rebound. The two large bullish candles on the daily chart have recovered most of the previous retracement and once again broke through the previous resistance zone. The key focus moving forward is whether the bulls can continue their offensive. Trading suggestions mainly involve buying on dips and following the trend.

Bitcoin retraced to around 69,300-68,500, with an outlook toward 71,800-73,000.
Altcoins retraced to around 2,010-1,970, with an outlook toward 2,100-2,180.