📉 BTC is down more than 4% in 24 hours. Can it hold the 70K level?
A few days ago, BTC was still battling for 80K. Now it has fallen below $71,000, and market sentiment has cooled again.
This time, it’s not just short-term leveraged liquidations. 👀
💰 ETF outflows continue, testing the spot market’s ability to absorb selling pressure
📊 CPI came in above expectations, making the market more cautious about the Fed’s interest rate policy
📉 The 70K round-number level is approaching, and bulls and bears are divided again
Some believe the consecutive declines have already released some risk, and a rebound may emerge around 70K; others worry that funds have yet to return and the market may continue to fall.
Is this downturn short-term panic, or is the market still searching for a true bottom?
💬 If it were you, would you look for opportunities in stages around 70K, or wait for BTC to reclaim 73K before acting?
Come to Gate Square with #BTC跌4% to share your market outlook, actual trades, or trading review.
This time, are you ready to buy the dip, reduce your position, or keep waiting?

🎉 Gate Square’s 25th Growth Points Raffle rewards have been distributed!
Thank you all for actively posting, commenting, and sharing to build a vibrant community!
🏆 The lucky winners of Gate laptop stands and Gate umbrellas have been announced!
📌 How to claim your rewards
1️⃣ Merchandise rewards: Claim them in the 【Shopping Cart】 on the Gate Marketplace within 30 days
2️⃣ Coupon rewards: Check your 【Messages】 and claim and use them at the 【Gate Coupon Center】
3️⃣ VIP+1 privilege: Valid for 14 days, with full access to the corresponding VIP benefits
🎁 The 26th Social Growth Points Raffle is now underway!
Complete social tasks to win generous rewards, including 5,000 USDT and $SPCX tokens!
👉 https://www.gate.com/activities/pointprize?now_period=26