Bitcoin breaks through $71,000, signaling trend strengthening. From a technical structure perspective, $71,000 is at the edge of a historically congested trading zone; after the breakout, selling pressure above is limited. On-chain data shows that long-term holder chips remain stable, with continuous net outflows from exchanges, indicating the market is still in the mid-to-late stage of bull market continuation. At the macro level, expectations for monetary policy shifts are strengthening, and Bitcoin's dual properties as both a risk asset and safe-haven asset are being repriced. Operationally, there are three approaches: trend followers can enter on pullbacks to $68,000-$70,000; swing traders should monitor derivative indicators like funding rates and OI to prevent overheating; long-term allocators should consider regular investments or add positions on dips. Risks include leverage accumulation, regulatory surprises, and sentiment reversals. In high price zones, returns and risks become increasingly asymmetric; focus should be on pacing and risk management rather than simple chasing rallies.