Market Review and Core Judgment

Recently, the market has entered a typical range-bound consolidation phase, with daily charts oscillating repeatedly, and frequent "false breakouts" on the 4-hour and 1-hour charts. The forces of bulls and bears switch back and forth, making trend trading extremely difficult and more suitable for short-term speculation.

From a technical perspective:

- Daily Chart: The mid-term bearish structure has been broken, and the bullish rebound is established. Price has risen above the MA7/14 short-term moving averages, and the MA30 medium-term moving average pressure has weakened, shifting the trend from bearish to bullish.

- 4-Hour Chart: Consecutive bullish candles push prices higher, dominated by bulls. Price is climbing along the MA5/10 and has broken through the previous upper boundary of consolidation, indicating a clear wave of bullish trend; MACD has a second golden cross above the zero line, showing strong bullish momentum with no bearish divergence; RSI(14) reaches 72, approaching overbought levels, indicating a short-term correction may be needed; Stochastic is in a high-level consolidation, with bullish momentum still present, but caution is advised for potential pullback.

- 1-Hour Chart: After a push higher, the price enters a high-level consolidation, with bullish momentum waning. The short-term trend remains bullish but requires a pause for correction, likely pulling back to confirm support before advancing further.

3.3 Bitcoin Trading Strategy (Yifan Market Analysis)

1. Bullish Strategy: Enter long positions in the 67,600-68,400 range, with stop-loss set below 66,800, targeting 70,700-71,500.