#比特币价格波动 Flag pattern breakdown, on-chain signals worth paying attention to. The target price of 70,000 is based on: first, the confirmation of a technical pattern breakout; second, the re-pricing of psychological thresholds. In the short term, several dimensions need to be monitored—whether large transfers are concentrated on exchanges (a sign of selling pressure), the holdings movement of whale wallets, and the net inflow/outflow changes on on-chain exchanges. If, during the decline to 70,000, the net inflow on exchanges remains high, it indicates persistent selling pressure; conversely, if large holders start accumulating, the probability of a rebound will significantly increase. Currently, it is an observation period, waiting for on-chain data to provide clearer directional guidance. Blindly shorting or bottom-fishing is not the optimal strategy.