Weekly Level: Pay attention to last week's closing situation. Will the price candlestick fall back into the oscillation range? Last week's weekly candlestick successfully closed as a hammer, and the lower shadow has completed a retest of the upper boundary of the consolidation range. This closing is favorable for the bulls this week.

2. In terms of MACD, it is also above the zero axis with a golden cross, and the volume bars are starting to expand. The long-term trend is still positive, maintaining the potential to challenge the new high at 73,000.

Daily Level

3. In terms of structure, the price has gone through strong consolidation near the upper boundary of the weekly level, hence it remained in an oscillating state last week. The current short-term support is around 66,000, with the second support level around 64,450 (the neckline of the W bottom), and the resistance above is 69,000 (previous high resistance, also the resistance of the upward flag pattern). The second resistance level is near 70,000 (previous historical resistance).

4. In terms of the Bollinger Bands, the middle band is at 66,000 for short-term support. The lower band, as the line moves, will basically be around 64,450 after the contraction, which resonates with both structural support and resistance.

5. In terms of Fibonacci, 0.618 is the low point of the shadow line, and 0.5 is the second support level, confirming the support and resistance areas.

6. In terms of RSI, there is a need for a pullback, as RSI is slowing at high levels and the swing highs are decreasing. Each time it falls back, the price will also follow lower. Currently, it is at a small high point in the third wave, indicating a certain pullback risk. When entering long positions, a lower entry is more stable.

4-Hour Level

7. The structure on the 4-hour chart is clearer, with the current shape being a flag pattern during an upward process. The high and low points of the current consolidation range have been tested twice. The current price is at the top of the third test. If the resistance is effective, the price will first pull back to the area around 66,000, which is also the support of the 4-hour Vegas channel. If it breaks below again, it will be the support level of the W bottom neckline, which is also the last test of the lower line of the flag pattern. The price will rebound here and then aim for the target.

Another scenario is:

If the short-term support around 66,000 is effective, the price may show a certain pullback during the day, break through the trend line resistance, and then retest before rising.

8. In terms of KDJ, there is a short-term pullback demand, turning downwards, forming a death cross. Since this is at the 4-hour level, there may be a certain pullback during the day. The layout for long positions during the pullback is more stable.