The biggest pain point for Bitcoin's current rise is the ongoing escalation of the Middle East situation. Although this week's rally has been strong, it was suddenly pressured and declined unexpectedly.

Since Monday, after a wave of bullish momentum, the market has been consolidating around the 70,000 level for the past two days. This kind of bottom-range fluctuation is expected to continue for a while unless a new round of positive news triggers a breakout.

At this stage, the market is highly bullish, but each rally faces resistance at high levels, and pullbacks are supported by certain levels. Do not be impulsive or trade frequently; opportunities are always in your own hands… $BTC