The night trading session has brought a very rhythmic movement to Bitcoin's price action. After retracing to around 70,500, the price began to steadily push higher, with the bulls gaining momentum and continuously lifting the price to around 74,046. The upward surge almost left little room for hesitation or confirmation of a reversal. After reaching the high, the price did not immediately weaken but instead entered a phase of oscillation and consolidation at high levels, then gradually gave back some of the gains, with the price center of gravity falling back to around 72,500. The market's potential has already been laid out before us; the key is whether you have foresight and sufficient preparation in advance. The market is never short of opportunities—what's lacking is execution when you're underprepared. When the trend unfolds, if you remain on the sidelines, doubtful, or waiting for "more certain" signals, you will often miss out on your share of profits. Trading has never been about luck; it’s about grasping the rhythm and respecting the strategy.

Regarding the current chart, the 1-hour timeframe remains within an overall upward trend channel. The recent rally starting from above 71,000 has not yet broken the higher low structure, and the retracement is a technical correction within the trend. The 1-hour MA60 is around 72,200, forming a resonant support with the previous breakout level, which is crucial for short-term bulls to defend. On the 4-hour chart, the price is still above the middle band of the Bollinger Bands, with the channel opening upward, indicating the trend has not reversed direction. The 73,000 level has shifted from resistance to a medium-term support. Momentum indicators show that the 4-hour RSI has pulled back above the 50 level and is oscillating, maintaining a strong zone. The MACD remains above the zero line, with the momentum histogram contracting but not forming a death cross, indicating that the bulls still hold the dominant position. Overall, the larger timeframe bullish pattern remains valid, and the strategy should focus on buying low in line with the trend.