#BTC Reached 70,000 in the middle of the night

Yue Ying: 3.3 Bitcoin and Ethereum Market Analysis Today - Bitcoin Long Positions Repeatedly Profited, Range-Bound Oscillation Near End, Reversal Imminent? I am Zhou Yue Ying. Friends who like this article, please follow me and see today's share! Bitcoin Technical Analysis———— In the previous analysis, I suggested a short-term strategy of shorting at 68600. The market's rebound was stronger than expected, reaching around 70100 and then pulling back. The 65300 long position was again closed profitably. The market rebounded around 65230. On the daily chart, the previous candle closed as a bullish candle near the upper band, with the opening of the day testing the midline and moving averages downward. The Bollinger Bands continue to narrow and flatten, with short-term moving averages around the midline. The MACD fast and slow lines are extending upward, but the histogram is shrinking. The KDJ is moving upward with signs of a turn. The VR indicator is consolidating near the 70 level. On the 4-hour chart, after breaking above the upper band, the market did not continue upward but instead closed with a series of bearish candles, testing the midline. The Bollinger Bands are showing signs of narrowing. Short-term moving averages are trending upward. The MACD fast and slow lines are showing signs of turning, with the histogram shrinking. The KDJ is crossing downward. The VR indicator is consolidating near the 90 level. Overall, the market has not yet broken out of the range-bound structure, so the short-term strategy remains unchanged. Refer to the range structure and wait for a breakout before adjusting the approach. It’s important to note that the range has been in place for some time, and the point of reversal is getting closer. For short-term, watch the previous high resistance near the upper boundary of the range, and below, focus on the 4-hour lower boundary. Here are the short-term suggestions: Bitcoin Short-Term Suggestions: Short at 69500, Long at 64300 (activate the strategy and take profits as you see fit) Yitai Technical Analysis———— Yitai's previous short-term strategy of a long position was not executed. The short at 2060 has played out quite well, with over 100 dollars profit. The overall technical situation continues to follow Bitcoin's reference. The range-bound oscillation has lasted nearly a month, and the reversal point is very likely to occur this week. Although the short-term still references the range, proper risk control must be maintained. Watch the resistance near the previous high on the upper side, and support around 1800 on the lower side, which is also near the lower boundary of the daily chart. Here are the short-term suggestions: Yitai Short-Term Suggestions: Short at 2050, Long at 1860 (activate the strategy and take profits as you see fit) — I am Zhou Yue Ying, a teacher focused on technical analysis. If you have any questions about operations or trends, feel free to exchange ideas with me! Let’s learn and profit together! #BTC #ETH

Symbol $BTC Price $67066.70 Market Cap $1.34T Open Interest $43.85B Funding Rate 0.0034% 24h Volume $95.59B 24h Liquidation $180.13M Price Change(1h) -0.7200% Price Change(24h) 1.6300% RSI (1h/4h/1d) 43.82/50.23/43.76 Fear Greed Index 15/100 #Altcoin Season Index 43/100 #crypto