Bitcoin continues the pullback trend from the previous day. In the early morning session yesterday, it rebounded slightly and tested the 71500 USD resistance area but encountered resistance and fell back. From midday to evening, it continued to probe downward, touching the key support level around 68700 USD, then triggered a technical rebound for correction. In the early morning, it rebounded to a high of 70688 USD before coming under pressure again and falling back below the 70000 USD round number level. Currently, it is oscillating weakly around 69800 USD. From a technical structure perspective, the short-term bearish trend remains unchanged, with 70600-71500 USD forming a staged strong resistance band and 68700 USD serving as an important short-term support. The rebound strength is relatively weak with insufficient volume, indicating limited momentum for the bulls' counterattack. The market is still in a weak consolidation pattern following the pullback from highs.$BTC
#Gate13周年全球庆典
Bitcoin continues the pullback trend from the previous day. In the early morning session yesterday, it rebounded slightly and tested the 71500 USD resistance area but encountered resistance and fell back. From midday to evening, it continued to probe downward, touching the key support level around 68700 USD, then triggered a technical rebound for correction. In the early morning, it rebounded to a high of 70688 USD before coming under pressure again and falling back below the 70000 USD round number level. Currently, it is oscillating weakly around 69800 USD. From a technical structure perspective, the short-term bearish trend remains unchanged, with 70600-71500 USD forming a staged strong resistance band and 68700 USD serving as an important short-term support. The rebound strength is relatively weak with insufficient volume, indicating limited momentum for the bulls' counterattack. The market is still in a weak consolidation pattern following the pullback from highs.$BTC