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Recently, there hasn't been any clear negative news. Just a slow decline. The Nasdaq rises every day, but Bitcoin doesn't follow. No choice but to directly buy US stocks and gold on crypto exchanges $BTC
II. Key Support and Resistance Levels
Support levels (from near to far)
● First support: 74,258.6 USDT —— Recent low on the chart, a break below may accelerate the decline.
● Second support: 73,000 - 73,500 USDT —— Psychological round number + previous consolidation platform.
● Third support: 72,000 USDT —— Historical strong support zone, a break may test the 70,000 level.
Resistance levels (from near to far)
● First resistance: 75,351.6 USDT —— SAR indicator level, also short-term rebound resistance.
● Second resistance: 76,000 - 76,500 USDT —— Previous dense trading zone + downward trendline resistance.
● Third resistance: 78,084.5 USDT —— Recent high, a volume breakout is needed to confirm trend reversal. $BTC