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Today's Analysis:
Based on yesterday's market conditions, there hasn't been significant volatility. Bulls and bears are in a stalemate at the 70,000 level.
4-Hour Level Core Structure: Short-term is in an oscillating rebound pattern between 68,100-71,800 USD. The 4-hour MACD green columns continue to narrow, RSI maintains a neutral-to-bullish range of 48-52. Price is trading above the Bollinger Band midline, with strong short-term bullish support. Pullback longs are the core strategy for the current session.
First Long Target: 70,350 → Take Profit at 71,200-71,300
Second Long Target: 69,950 → Take Profit at 71,700-71,800
Break below 69,300 to abandon all long positions, adopt a wait-and-see approach
【Breakout Scenario】: Target 72,500
Only hold when price breaks above the 71,800 previous high with volume AND the 4-hour level consolidates above this level, targeting 72,500 (strong daily resistance), exit completely upon reaching it
If directly breaking above the 71,800 previous high, abandon chasing longs and wait for pullback near 71,300 to consider light position entry
Note: 67,000 is the lifeline of the weekly bullish cycle
【Risk Disclaimer】: This analysis is for technical review reference only and does not constitute any investment advice. Please be cautious.