From a technical perspective, the Bollinger Bands lower band support is playing a significant role on the 4-hour chart, with price finding effective support in this area. The previous downtrend structure of four consecutive bearish candles has been broken, with K-lines forming bullish candles after testing the bottom, indicating strong buying support at the base.



Simultaneously, indicators are releasing positive signals: The KDJ indicator is turning upward from the oversold zone, suggesting short-term rebound momentum is accumulating; regarding the MACD indicator, the green energy histogram continues to shrink, further confirming that bullish forces are recovering and market sentiment is gradually warming up.

It is suggested to go long around 70000 and 70500, with targets first at 73000, and if broken, looking toward 76000.
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