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The current trend summarized in one sentence $BTC
Current price: around $71,000
Status: Volatile at high levels, somewhat strong but unstable
Major trend: From the high of $126,000, halved, now in a rebound and bottoming phase
Compared to the market: BTC is the leader; it moves all coins. Stability in BTC means stability in the overall market
Key support (levels that will hold if prices fall):
📉 First support (short-term lifeline): $70,000–$70,500
Recently tested multiple times without breaking, the bottom line for bulls
Break below = short-term weakening, be cautious
📉 Second support (strong defense): $67,000–$68,000
Historically dense trading zone, difficult to effectively break down
If it really drops here, the bottom-fishing risk-reward ratio is very high
📉 Third support (ultimate bottom): $61,500–$62,000
Long-term critical level, the bottom line of bull market structure
Usually not reached; if it does, it’s a golden opportunity
$BTC $ETH $RAVE $SOL