What does it take to reach 70,000? Three essential elements.
To bring Bitcoin back to $70,000, at least three things are needed: volume, structure, and sentiment. First is volume. Rising without volume is like sugar-free soda — looks lively but lacks substance. Second is structure. If a retest doesn’t break key support levels, it indicates high lock-in of positions. Third is sentiment. The market shouldn’t be overheated or too cold; the best scenario is “rising while doubting.” Additionally, be cautious of the derivatives market. If funding rates suddenly spike, it indicates crowded longs and a higher risk of a reversal. Healthy upward movement should feature moderate funding rates and steady growth in positions. Many people worry about whether we can return to 70,000, but the more important thing is to stand firm. Rushing up and falling back only creates more trapped positions. True strength is confirmed by a breakout, retest, and then moving higher. Summary: 70,000 is not a dream but an exam. Passing it upgrades the market; failing means more lessons to learn. #BTC能否重返7万美元?
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What does it take to reach 70,000? Three essential elements.
To bring Bitcoin back to $70,000, at least three things are needed: volume, structure, and sentiment.
First is volume. Rising without volume is like sugar-free soda — looks lively but lacks substance. Second is structure. If a retest doesn’t break key support levels, it indicates high lock-in of positions. Third is sentiment. The market shouldn’t be overheated or too cold; the best scenario is “rising while doubting.”
Additionally, be cautious of the derivatives market. If funding rates suddenly spike, it indicates crowded longs and a higher risk of a reversal. Healthy upward movement should feature moderate funding rates and steady growth in positions.
Many people worry about whether we can return to 70,000, but the more important thing is to stand firm. Rushing up and falling back only creates more trapped positions. True strength is confirmed by a breakout, retest, and then moving higher.
Summary: 70,000 is not a dream but an exam. Passing it upgrades the market; failing means more lessons to learn. #BTC能否重返7万美元?