BTC, which has been crazy for a few days, pressed the pause button yesterday! A wave of selling in the early morning directly stopped the enthusiasm of retail investors!

Analysis of BTC Market on 2024.6.7 Morning
In the past few days, BTC has experienced a fluctuation of over $5000. There are also several favorable macroeconomic data. The big cake is touching new highs again! Is it a retracement after the second peak, or is it a sprint to new highs after stabilizing at the 70000 level! If you want to determine the direction, the high and low points tonight will be crucial!
BTC follow
Support 69500-69800/68500
Pressure temporarily set at 71500
In the past two days, there was no resistance level given, and the market surged fiercely. Today, a resistance level of 71500 is given. After two days of consolidation, this point has formed a short-term resistance level. The key level at the moment is between 70800-71000. The market is consolidating within this range. The current trend on the 1-hour/2-hour timeframe is being suppressed by this trendline, while the 4-hour timeframe is temporarily running along the trendline!
Wait patiently for the two supports during the day, do not trade sideways, there is a chance to adjust the position, do not be complacent by the market!
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#BTC站上$70K，很快突破历史新高？