Let's take a look at today's market analysis. We will first return to Bitcoin. As we mentioned before, Bitcoin broke down from the triangle convergence, and after breaking down, it experienced a small V-shaped rebound.

It then hit the area we previously discussed, where the triangle convergence broke.

We previously emphasized the 80,000-81,000 range, which subsequently saw a nearly 7,000-point pullback, and it retested the 74,000 level.

Yesterday, we also mentioned that during the retest, we should pay close attention to the 74,000 support level ahead, and in the short term, we should focus on trading long positions around 74,000.

This morning, those who traded long positions at this level are currently in profit.

As for how Bitcoin will move next, we will definitely focus on 74,000 in the short term and trade long positions accordingly.

Because the rebound is relatively weak at this point, it is recommended to move to a breakeven stop after taking profits to capitalize on the upward potential.

If it continues to rise, we will keep an eye on the 80,000-81,000 range, which is where the triangle convergence broke.

Only when it stands above this level will there be a chance to continue moving upward; otherwise, we should primarily focus on short positions.

If the range from 70,000 to 74,000 is broken, we have consistently emphasized that we should focus on the key level of 70,000 to 72,000.

Therefore, we need to pay close attention to prevent a waterfall effect after consolidation that could hit this range, followed by a rebound, which is something we should closely monitor.

We can plan our long positions around the 70,000 level.

This concludes today's market analysis for Bitcoin.

If you still feel confused about trading, you can follow the public account: KK Strategy.

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