Today’s Bitcoin Market Outlook (Tuesday)

The current Bitcoin trend has completed a phase of oscillation and consolidation → stabilized and gathering strength → stepped upward in a complete bullish rhythm, with bullish momentum continuously dominating the market. The overall upward trend is clear, and the current price has reached a stage-high level. Remember to stay rational and avoid blindly chasing highs to enter the market.
The core support zone below is locked at around 71,500-72,500, which is an important area of concentrated chips in this round of rally, and also a key defensive position for the bullish strong trend.
If the price pulls back to this zone and can stabilize effectively, gaining strong support, you can follow the trend and set up long positions, continuing to hold in line with the bullish trend;
The main resistance zone above is around 74,500-75,500, which is a previous area of dense historical transactions, as well as an important psychological pressure level and technical strong resistance.
If the price surges to this zone and shows significant signs of resistance and pullback, you can lightly set up short positions to play the short-term correction;
If the price can break through this resistance zone strongly and stabilize, it indicates that the bullish trend has further room to expand, and a new trend upward rally will start. Stay firm in following the trend and hold positions to push for higher levels.