From the perspective of capital game theory, the current market is in a brief period of equilibrium between bullish and bearish forces. After a rapid surge earlier, the market needs time to digest both profit-taking and trapped positions above, which determines that the short-term trend will unfold in a range-bound, oscillating manner.

The four-hour chart shows that the current price is in a high-level consolidation phase, with no significant change in the overall upward structure. The 70,000 level has become a key support platform, and short-term pullbacks are clearly supported around this area.

It is recommended to go long around 70,000 and 69,500, with the first target at 72,000 and a breakout target of 74,000.