March 27 BTC: Last night, it broke below 70,000, with a low of around 69,000. 24-hour total liquidation on the network reached $255 million. In the short term, it is under pressure at the upper boundary of the descending channel, with support at 68,000–69,000 and resistance at 71,000. Market sentiment is extremely panicked, on-chain selling pressure remains, and the volatility is relatively weak. It’s advisable to observe more and act less.

BTC-2.17%

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