$BTC Bitcoin opened in the afternoon session with initial weakness followed by a strong rebound, dropping to a low of 70508 before rallying sharply to 71817. Current price stands at 70789 with intraday losses narrowing to -0.97%. Overall price action shows characteristics of a bottoming reversal with volume breakout, indicating warming short-term bullish sentiment.

Therefore, bitcoin's afternoon bottoming rebound and volume breakout present favorable bullish technical signals. In the short term, traders can go long using the Bollinger Band midline as support, targeting the previous high and upper Bollinger Band; if the rebound encounters resistance, consider light short positions. In terms of strategy, control position sizing, remain flexible and adaptive, and keep pace with trend momentum! ‌#加密市场回涨