This rally is not random volatility, but a typical resonance pattern of structural repair transitioning to trend reversal. After prices declined continuously to around 67300 earlier, bearish momentum clearly weakened, with the market showing signs of bottoming and higher lows, indicating that selling pressure has been partially released and the market has entered a phase of chip redistribution. When prices broke above 69000 (our live trading room also reminded everyone multiple times about this position ) this key resistance zone is also the previous dense trading area and technical watershed), it triggered substantial bearish stop losses and forced buybacks, creating a notable bear squeeze effect. At the same time, the breakout signal attracted both trend-following funds and short-term capital to enter simultaneously, driving prices to accelerate higher.