Intraday Bitcoin volatility continues to narrow, maintaining a narrow range above the 74,000 integer level. After the price briefly dipped below the 74,000 support in the morning, it quickly recovered, with the lows gradually rising, indicating a short-term stabilization and initial signs of a bottom formation.

From the four-hour perspective, the market previously saw increased volume and consecutive bullish candles completing a head-and-shoulders reversal, with a doji bullish candle at midday. The upward momentum slowed, and the strong pattern of rising volume and price failed to continue. However, it should be clarified that this doji star is merely a routine technical correction during the upward trend, not a trend reversal signal. It serves to digest short-term selling pressure, clear out speculative positions, and allow the momentum of the head-and-shoulders pattern to rebuild, preparing for a potential second surge. On the hourly level, the market shows a typical alternating pattern of bullish and bearish small candles, which has not broken the previous upward ladder, and the integrity of the short-term upward trend remains solid, with strong technical support for trend continuation. Considering the ongoing convergence of intraday volatility, a directional move is still expected to occur tonight.

Future trading focus should be on the effective breakthrough of the 75,000 level. If volume confirms a steady hold above this level, the upward space will further open, with the first target above at 76,000. $BTC ‌#Strategy上周购入13927枚比特币