**Afternoon Bitcoin Market Analysis: High-Level Consolidation Building Strength, High Short/Low Long Range Strategy**

Bitcoin rebounded from the early morning low of 68868.1, forming a clear upward oscillation structure with bullish momentum dominating the market. Currently in the high-level consolidation phase following the rebound with no clear death cross signal yet, short-term trend remains bullish.

However, the current price is at a high-level range following the rebound. After consecutive upward attacks, bullish momentum has significantly weakened, suggesting a high probability of pullback from highs—a typical "post-rally pressure, strong correction demand" state with potential support retest at any time. Afternoon operations should prioritize high shorts with low longs as secondary.

**Key Zones and Operating Strategy**

Low Long Setup: Enter after pullback to 70000-70500 zone stabilizes, targeting 71350, 71850, stop loss below 69500

High Short Setup: After rebound to 71350-71850 zone encounters resistance, target 70500-70000, if broken extend to 68500, stop loss above 72000.

**Technical Support Indicators:**

Daily MACD green column showing volume contraction with bear momentum gradually weakening; RSI rebounding from mid-low levels with oscillation recovery foundation; 4-hour line holding above short-term moving averages, Bollinger Bands narrowing and flattening, price still hasn't broken below 69000 key support. Afternoon focus on 70000 round-number support strength—if support holds, consider low long setup; if broken, proceed with caution to avoid risk.

#加密市场回涨 $BTC