The positive news sentiment is not a bull return! The 72,000 level is critical. The easing geopolitical situation drove the market higher, but the market boost is only a short-term effect. This round is not a bull market return, just a technical rebound in a bear market.

In the early session, the rapid advance failed to hold above the previous high of 72,000. It is highly likely that the price will retrace to test the 70,000 support before attempting to challenge 72,000 again.
Trading strategy: A second test of the 72,000-73,000 resistance zone suggests a short position can be considered, with a strict stop loss above 74,000 upon breakout; short-term long positions can be lightly held around the 70,000 support for trial, with a small stop loss in place. $BTC $ETH #BTC突破71000美元