Bitcoin's recent surge was completely within expectations, starting around 63,000 as we repeatedly emphasized, with the highest reaching near 69,900. This is why I've been reminding everyone to cherish the low-position chips of Bitcoin and Ethereum—whether in spot positioning or futures trading, this level offers a very favorable risk-reward ratio.

From the market structure perspective, 60,000 has become a key defensive level for Bitcoin, while 63,000 remains the most solid support. The bullish outlook repeatedly emphasizes a long-biased approach, accurately timing each wave. The strategy remains clear—as long as the key support isn't broken on a pullback, maintaining a long bias is the main theme.

Recommended to focus on long positions around 66,800 and 66,000, with an initial target of 70,000, and a breakout target of 73,300.