Bitcoin's morning price broke through the 71,000 level again, but lacked substantial bullish support for further gains, causing the price to retreat once more. Looking at the one-hour timeframe, after standing above 7.1w three times recently, each time it has pulled back at this level. According to the indicator chart, the KDJ three lines have entered the overbought zone. From the VOI volume perspective, the bulls remain sluggish. Currently, the war situation has limited impact, but personally, without substantial chip participation, it will be difficult to firmly stabilize above the 7w level in the short term.