The "classic storyline" before reaching a new high: shakeouts, volatility, and another breakout

Experienced crypto traders all know that Bitcoin often goes through a very classic phase before breaking new highs—intense volatility.
The reason is simple: the market needs to shake out weak hands.
Imagine a scenario:
* Early holders have already made a lot of profit
* New funds are just entering the market
* Short-term traders are making quick trades to profit from price swings
These three forces combine, and the market naturally turns into a roller coaster.
So, fluctuations around $73,000 are actually very normal.
You could even say—the more volatile the market, the healthier it is.
Why?
Because truly dangerous rallies usually look like this:
Price surges straight up
but trading volume doesn’t significantly increase
This kind of market is prone to sudden crashes.
And now, with trading volume clearly increasing, it indicates that funds are indeed flowing in.
So, what’s the most critical price level next?
Many traders are watching two key points:
$70,000 support level
$75,000 breakout level
As long as $70,000 holds, the bullish structure remains intact.
And once it breaks through $75,000, market sentiment could heat up instantly, with the target naturally shifting to $80,000.
So, the core logic of short-term trading is actually very simple:
Don’t panic when prices fall, don’t be greedy when prices rise.
It sounds like a motivational quote, but not many people in the crypto space can actually do it.
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