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Morning BTC first experienced a minor pullback, dipped to a low of 73,500 USD where it found support and the decline stabilized. Subsequently, bulls began to exert force driving a new round of uptrend, with a high of 74,700 USD touched. Currently, prices are oscillating within the 73,500-74,700 USD range, operating around 74,100 USD at the moment.
From a technical structure perspective, the morning pullback confirmed effective support at 73,500 USD, with active buying interest providing a solid defense line for prices. The current price is holding steady above the midpoint of the range, demonstrating that the bulls still maintain control. This oscillation belongs to the accumulation phase of an uptrend continuation, and as long as the pullback does not break below the 73,500 USD support, the overall upward oscillation structure will remain unchanged.
Operationally, it is suggested to maintain the approach of entering long positions after pullback stabilization, focusing on the absorption capacity around the 73,500 USD support level. If the price can oscillate and consolidate above this area, consider setting up long positions after stabilization, with the short-term target first looking at the breakthrough situation at 74,700 USD. #Gate广场AI测评官 $BTC