Bitcoin had a small rebound overnight and is currently steady above $70,000. If it can hold this level, the initial target for the rebound is the 71,500-72,000 range, which is also a daily-level resistance zone. Whether it can reverse and push higher in the next few days depends on whether it can break through this zone. Once broken, there will be an opportunity for a second surge. In terms of trading strategy, both long and short positions should be watched around this range. When the price reaches this area, consider short positions first; if it breaks through, close the short and switch to long. Intraday, watch for a rebound.