Long positions will be the reigning champions this week!

After breaking 70k, what will the market do? To avoid speculation, in the short term, we can still follow the long-term bullish and short-term correction strategy.

Reaching an agreement for peace is undoubtedly the biggest positive news at this stage, so we will continue to ride the bullish trend from start to finish.

Since the early attempt to break 73k faced resistance and pulled back, the overall European session remained relatively stable, so the US session and US stocks continue to look optimistic about pushing higher, possibly breaking through the 73k level, while I am optimistic about the 73,500-74k range.

Regarding the medium-term trend:

First: Will the "ceasefire for two weeks" hold, or will fighting resume after two weeks? If fighting resumes, the resulting bullish momentum will be even stronger. This is the so-called "rising as a hedge" and "falling as a hedge," so we must prepare in advance.

Second: Can the technicals hold steady at 72k this week? If so, then the subsequent targets of 74,000/76k will arrive as expected.

Therefore, in the short to medium term, we need to seize this bullish momentum, combining long positions with short corrections, shortening the cycle, and striving for a one-week turnaround and a one-week rally! $BTC