From the overall market structure over the weekend, although the rebound strength is not extreme, the structure still shows very strong performance. The 70200 level was tested only once before quickly stabilizing, and subsequently lower points kept rising, forming a typical step-by-step upward structure. This indicates that market absorption capital remains sufficient, with clear signs of bullish control.



I already repeatedly emphasized yesterday that at the current stage, I do not recommend blindly shorting. Even if participating in short-term shorts, one must primarily use short-term thinking, and take profits promptly when available. In trending markets, the error margin for counter-trend trading is very low.
Trading is always trend-driven, and from the current structure, the bulls have gradually regained the initiative.

From a higher timeframe structure perspective, the market will likely experience an accelerated uptrend this week. Current price is approaching the key consolidation zone of 73800—74200 formed previously. Once this zone is effectively broken through, selling pressure above will weaken significantly, and the space for price to advance toward the 78000 zone will open up rapidly, with structural resistance in between not being strong.

Today's Trading Strategy:

BTC:
71500—71800 range: accumulate long positions in batches

Target Range:
73324—74500: take profits and exit in batches

Follow the trend, focus on buying on pullbacks, and avoid unnecessary counter-trend speculation. In trending markets, being on the correct side is itself the biggest advantage. If you can't determine the direction accurately, there is no need to trade.

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BTC3.22%
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