Bitcoin breaks 70,000, surges to 74,000, approaching our second target of 75,000.

From a weak consolidation to a gentle rebound, we have been persistent. Setting aside short-term fluctuations, our short- to medium-term target has at least 12,000+ points of room.

Regarding today's market, after a nearly 7,000-point surge overnight, the upward momentum has clearly slowed. Therefore, attention should be paid to strong resistance around 75,000, while support can be found at the low of around 70,500 during the US session pullback. It is expected that today's market will remain in high-level consolidation, with multiple opportunities.

If the upward trend continues first, consider holding above 74,000.

If a pullback occurs first, look for support in the 70,500-71,000 range, with a target near 75,000, and all indicators are aligned. $BTC