Evening Market Analysis:

Bitcoin has just pulled back after a brief spike higher and is currently consolidating at elevated levels. The short-term uptrend has momentarily stalled, and we're not in a phase of unilateral sharp gains.

To establish a renewed bullish uptrend, we first need to hold the support around 70100 below without breaking it.
Then the price needs to reclaim the 70660 level for bulls to regain dominance.
If we can break above 71200 and even surpass the previous highs, that would signal a true recovery of the uptrend.
Currently, we're seeing a tug-of-war between bulls and bears with no obvious strength. This isn't yet a strong bullish signal, so we need to wait for consolidation at key levels before making a move.

Bitcoin
Pullback to around 70000_69500 could turn northbound
First target around 71000
Second target 73000 (use caution) #Gate13周年全球庆典 $BTC