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After weekend adjustments, the rally failed to break through and pulled back, but it never fell below 70,000. Instead, it accumulated strength near this level, and in the new week, it soared again, breaking recent highs. Yesterday, the signal from Silk Road reminded us again with a perfect sniper, precisely meeting expectations.
Currently, looking at the early morning attempt to push higher and test 75,000 that failed, resulting in a pullback. The daily MACD shows a slight bullish crossover, but the momentum is insufficient. It is still hovering around the zero line. In the short term, attention should be paid to the pullback strength. A break below 72,800-73,500 can be lightly longed with a target near 75,000. If a valid breakthrough occurs, the upward trend can continue. Conversely, if resistance is encountered at this level, it indicates a left-side pattern.