Bitcoin rebounded after testing the key support at 69,350 in the afternoon. The price successfully reclaimed both the MA7 and MA30 lines, with short-term moving averages turning upward collectively. The bullish structure has been officially restored. The previous pullback was a healthy correction within a strong trend and not a trend reversal.

The KD indicator shows a golden cross from the low position upward, indicating that the bearish momentum is fully released. The bullish rebound momentum continues to strengthen, and the upward trend has been re-established. The overall bullish pattern remains unchanged, with a focus on continuing the rebound in the afternoon.

Trading Strategy

Long Entry Range: 69,800 — 70,300
Target Levels: 71,700 — 72,200
Risk Management: Below 69,300

Clear thinking, definite rhythm, follow the trend to proceed. #伊朗在霍尔木兹海峡布设水雷