Bitcoin fell yesterday due to the unusual movement of the Mentougou compensation wallet. After a day of retracement, it received obvious support near 67,300 yesterday and is currently on the way back to the 70,000 US dollar mark. The current market does not allow deep retracements because the market sentiment has been fully mobilized.

Bitcoin will continue to rise at the 4-hour level and challenge the 70,000 mark again, and then the new high of 73,777. In short, May is about to pass. I have said before that every retracement is the best opportunity. After May, there will be no more opportunities to hold cheaply.