This script is quite clear; the long and short battles around 70k are just for watching the show.

$BTC Everything went as expected, peaking at 74.2k before dropping back down, almost touching the 70k price. I think the current market trend may follow the pattern in the chart below: after touching 70k, it consolidates without breaking below 70k, accumulates at the 70k price for a few days, then rises to 73k-74k, followed by a rapid drop below 70k to 68-66k. If the market is weak, it will fall through 70k in one go. If this idea is invalid, then the best method to shake out the weak hands is to break below 70k, causing a large number of short positions to chase, leading to a market rebound to 73k, and then continuing to fall!