$BTC Back to 70,000! Could it be...

Let me pour some cold water on everyone, before the final result comes out, don't say 'we won,' right now it's just an expectation brewing, and the big funds in the market are playing a game.

--- From the market perspective, there is actually good news, it's not just simply returning to the 70,000 barrier.

Currently, we are seeing a situation where, in a 'downward trend,' it is the 'first time recovering the pressure level.' This situation can be seen as a temporary halt in the decline, at least the bulls' determination is visible.

--- From the perspective of 'expectation.' The financial market has always been about speculating on expectations. Now that it's rising, favorable news might not lead to a significant increase.

So, if the final results are announced favorably, don't chase after it; wasn't it already starting to be speculated? Where are you?

--- Finally, let's talk about the short-term position of 69,200, which has been suppressed for several days and has finally broken through. It is advisable to wait for a pullback test before chasing it again.

Although 70,000 is an integer level, it essentially serves as a position where there are no nearby support or resistance levels, so I wouldn't recommend jumping in here out of FOMO. Those who are in cash might as well wait a bit longer.