BTC makes a strong push toward the 70k mark: Moving average golden cross signals an acceleration in the trend, and after the bottom-fishing signal, a V-shaped reversal may be coming?

Trading Direction and Position Recommendations Holding 【Long positions】: Action: Continue holding; do not recommend adding heavily near the 70000 resistance level. Take-profit level: Target 71500; if price meets resistance around 70200 and the TD sequence reaches 9, you may reduce your position by 30% first. Stop-loss level: Move the stop-loss up to 68800 to ensure profits are not given back. Current 【No position】: Strategy: Wait for a pullback; don’t chase the rally. Entry point: If the pullback occurs in the 69100 - 69300 range and it doesn’t break down, enter with a small position (3-7% of the position size) to bet on a second push higher. If you are holding 【Short positions】: Recommendation: The market is currently in a strong bullish breakout environment, and the moving averages are arranged in a bullish order. When price retraces to 69200, it’s recommended to close the short positions and exit on dips; do not fight the trend by holding against momentum. Resistance levels: 70233 (prior high), 71500. Support levels: 69000 (integer level), 68100 (MA52 support line). Risk Warning Risk of a false breakout: 70000 is a key psychological level; if tonight’s U.S. stock market opens and fails to stand firm on high volume, a volatile “false breakout/slide” style market may occur. ETF fund flow fluctuations: Monitor tonight’s ETF net inflow/outflow data; if it turns into net outflow, the rebound may end earlier Summary: BTC has regained lost ground; the bulls are in the short-term advantage. The strategy is mainly “buy the dips” or “hold long and wait for the rise.”

News & Market Updates Macro and Geopolitical Situation As markets digest Trump’s remarks on the geopolitical situation, risk-aversion sentiment has eased; the upward momentum of the U.S. dollar index has slowed, and funds have begun to flow back into risk assets. Institutional Developments Morgan Stanley has filed the latest S-1 amendment; the market still expects continued inflows into spot ETFs in the second quarter. Big Player Movements The “pension whale” that had been consistently opening short positions shows signs of partial closing after consecutive position adds; and on-chain data indicates that the pace of over 5000 BTC flowing into exchanges has slowed. Long-Term Indicators BTC coin-hoarding index is still around 0.49, in the “value-buying dip” zone, providing strong confidence support for spot investors.