Evening Analysis

The daily chart steadily closes higher, breaking through the 70,000 level, but there are hidden risks for the bulls: the candlestick has approached the upper Bollinger Band. Without sufficient volume to support the move, a technical correction could be triggered easily. Although the larger timeframe remains bullish, the 72,000 historical dense zone presents strong resistance; after breaking through 70,000 on the four-hour chart, the foundation is not yet solid, and attempts to push towards 72,000 are clearly lacking momentum.
Trading Recommendations
Consider short positions around 72,300-73,000, targeting 70,000-69,000
Consider short positions around 2,090-2,120, targeting 1,920-1,950