On the 4-hour level, the Bollinger Bands have transitioned from contracting to expanding, with price steadily rising along the middle band. Currently, it has firmly stood above the middle band, with the channel as a whole turning upward and opening up more upside space. During pullbacks to the middle band, there is clear support, confirming the key defensive area below.

After the short-term moving average system formed a golden cross, it has continued to rise, with clear bullish alignment structure. The moving average cluster constitutes a solid support zone, further solidifying the short-term upside foundation. Trend-wise, the bullish pattern has been established.

It is suggested to go long around 70600 and 70000, with targets first looking at 73000, and if broken above, then looking at 76000.
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