$BTC Latest Thinking: The price fell after hitting a resistance level, dropping to a low of 69000, then pulled back, forming a head and shoulders bottom pattern. The minor pullback also confirmed the low point of the right shoulder, and short positions are not being considered for now.

The focus is on the neckline resistance at 71500-72000 above. Once broken, the pattern will be confirmed, and the rebound is likely to approach the previous high. Both the 1-hour and 4-hour levels have shown a head and shoulders bottom, indicating a high probability of a short-term rebound. The plan is to gradually accumulate long positions in the range of 70000-69000, first looking for a wave of rebound.