Based on the early morning market, Bitcoin rapidly declined to $72,900 before forming a strong "V-shaped" rebound and successfully stabilizing above $75,000. This constitutes a classic "bull trap" bullish signal. The market effectively triggered stop-losses and released short-term selling pressure through a deep correction of over 4,000 points, while also demonstrating strong buying support in the $72,000-$75,000 range, laying a solid foundation for subsequent upward movement.
From a technical perspective, the long lower shadow (golden needle bottom) on the 4-hour chart clearly shows the bulls
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