Candied orange short-term pullback, and the 1-hour timeframe enters a correction cycle.

Current price is around 71,100; below it, 70,600-70,800 is a key support zone, while above it, 71,500-72,000 faces resistance.
At the hourly level, price is running between the middle band and the lower band; the Bollinger Bands overall shift from expansion to contraction, indicating that short-term upward momentum is weakening and entering a choppy pullback/consolidation phase

Around 71,300-71,900🈳, watch: 70,400-69,600

Around 2,210-2,240🈳, watch: 2,160-2,120

Crypto markets are extremely volatile; the analysis above is for technical reference only and does not constitute investment advice
Need to focus on macro data (such as Federal Reserve policy, US CPI) and how major industry news impacts market movements
Trades must strictly follow stop-loss, control position sizing, and avoid leverage risk

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