Yesterday, Bitcoin touched a low of 69,760 in the early session, then began to oscillate upwards, reaching a high of 73,620 in the early morning before pulling back, currently priced around 72,400. Review analysis shows that the larger trend remains in a bullish position, with the 70,000 round number likely to break through. The 4-hour chart has not shown signs of upward exhaustion, so continuing to hold a bullish view aligns with this judgment.
Currently, Bitcoin is in a bullish state, and the intraday operation suggests considering low buys during minor pullbacks; chasing highs is not recommended.
At the same time, at 8:15 PM tonight, the United States will announce the October ADP employment figures, with a previous value of 143,000 and an expectation of 115,000. The ADP employment figures are an important indicator of new jobs added in the private sector of the United States, usually released two days before the Department of Labor announces the non-farm employment data. It’s worth paying attention to the release of the few important data points for October, as this will affect next month's interest rate reduction meeting.