Bitcoin returns to $70,000. Is this the revenge of the bulls or a trap set by the bears?

Bitcoin back at $70,000, and the bulls finally breathe a sigh of relief. Within 24 hours, sentiment shifted dramatically, from "waiting and watching" to "target of $100,000." But experience tells us, the faster the rise, the more volatile the swings.
The core of the rebound is to repair expectations. The previous correction released some panic selling, and this upward move is more like a correction from pessimism. If higher lows and higher highs form, the trend logic will gradually strengthen.
Reversal requires more complex conditions: macro environment alignment, risk appetite warming, and continuous capital inflow. If it's just a short-term correction, the market may repeatedly tug within the resistance zone.
Humorously speaking, this is like exam scores going from passing to excellent. Is it a temporary performance or a return to true strength? It depends on the next test.
$70,000 is not the answer, but the question. The market will give hints through the upcoming pullbacks and trading volume. Investors should not rush to answer but wait for confirmation. #加密市场反弹