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Bitcoin rebounded after bottoming out at 72615, with the price returning above 72900. In the short term, the bearish momentum has significantly weakened, and the bullish follow-through is gradually strengthening.
From the candlestick structure, there are clear signals that the downtrend has ended and selling pressure has halted. The market will likely enter a consolidation and repair phase next, with the overall focus gradually shifting upward, and a short-term rebound bias.
For execution, treat the 72800-72850 range as the key support. If the price pulls back and stabilizes, you may try a long position with a light size. The first target is 73100-73300; after a breakout, look at resistance near 73400.
If the price surges higher but lacks strength and falls back under pressure in the 73000-73100 area, you may short at an appropriate time, targeting a retest of 72600.#Gate上线Pre-IPOs