Last night, Bitcoin bounced back, with price probing up to the 71,800 level before encountering resistance and pulling back. On the daily timeframe, price has broken through the Bollinger Band midline and reclaimed the EMA short-term moving average, with the midline and moving average converging to form support. From an indicators perspective, KDJ is turning upward from low levels with signs of a golden cross; MACD fast and slow lines are converging with volume columns not showing significant expansion, suggesting limited bearish momentum; RSI is in the neutral-to-bullish zone between 50-55. Overall, reversal signals are beginning to emerge. If price can hold above the moving average, it may challenge the previous highs.