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Bitcoin's current trend remains relatively strong, overall stabilizing around the 75,000 level.
In the evening, a pullback will focus on the 74,700 support; as long as this level is held and not broken, the market is expected to see a wave of four-hour level rebounds.
The upward targets are sequentially 76,000—78,000—79,000, and long positions that rise can be taken profit in stages.
If the price effectively breaks below 74,700, the rebound structure will weaken phase by phase, and the market is likely to shift into consolidation;
The key defensive level is at 73,700. Once it is lost, the daily chart will turn bearish, and a pin bar pattern may appear, with the downside target reaching the 71,500—70,500 range.