Bitcoin just made a serious move. $BTC is sitting around $69,092, up 7.39% on the day, with a huge 24-hour USDT volume of about $2.14B. The bigger picture on the chart is clear: BTC pushed aggressively from the $68,100 area and climbed all the way to the psychological $70,000 level. And then came the rejection. Price tested $70,000 but failed to hold above it. On the 15-minute chart, BTC is now around $69,092 after pulling back from the $69,600–$70,000 zone. Now the battle gets interesting. Key levels to watch: $70,000 → major psychological resistance $69,677 → immediate resistance $69,260 → important short-term level $68,843 → nearby support $68,426 → next support $68,100 → recent swing low A clean breakout and hold above $70,000 could open the door for another strong push higher. But if BTC keeps getting rejected around $69,600–$70,000, we could see another pullback toward $68,843 or even $68,426. The momentum is strong, but after a 7%+ daily move, volatility can get wild. The longer-term numbers are also interesting: Today: +1.03% 7 Days: +9.00% 30 Days: +5.90% 90 Days: -10.69% 180 Days: +1.71% 1 Year: -38.87% Right now, I’m watching one level above everything else: $70,000. BTC is knocking on the door. The question is whether the next attempt breaks it… or gets rejected again. Not financial advice. Trade with a plan and manage your risk. $BTC ‌

8.20 Midday Bitcoin and Ethereum Market Analysis The pullback in the morning was limited, constituting a normal corrective recovery after the upward move encountered resistance. However, the technical repair is still ongoing, so attention should be paid to the strength of the support levels below. Short-term BTC support is currently seen in the 68,500–69,000 range, while the upside is around 69,800. Do not be overly aggressive before 70,450, the previous high, is broken with rising volume. ETH’s support around 2,250 remains somewhat unstable, but it cannot yet be considered invalid. For now, continue to monitor the 2,230–2,250 support range during the overall pullback, with the rebound target initially at 2,270–2,280. $BTC #BTC升破70000美元日内涨幅8.3% $ETH

After experiencing a sharp short squeeze and surge yesterday, the overall market today is seeing a corrective session of rising and then retreating. Bitcoin surged to a high of 70,450 yesterday but failed to continue its upward attack today. Long profit-taking continued to exit, and the price fluctuated lower, currently around 69,085. Ethereum surged to a high of 2,336 yesterday and likewise came under pressure and retreated today, currently trading around 2,242. Yesterday’s surge was jointly driven by positive news and a chain of short liquidations, causing a short-term explosion in trading volume. Today, the positive sentiment has been fully digested, and funds chasing the rise are no longer entering the market. Trading volume has clearly contracted compared with the breakout phase, the upper Bollinger Band has turned downward, and the market has entered a consolidation and shakeout phase following the sharp rise. It is no longer a one-way rally. Today is a period of fluctuating digestion after the surge, so do not chase longs at high levels. Bitcoin’s key watershed lies at 68,400–68,700, which is important support for this upward move. As long as this support holds, the bullish trend remains intact. After consolidating and building momentum, the market may once again test the 70,450 high. If this range is decisively broken to the downside, it would indicate that this bullish phase has temporarily ended and a deep correction would begin. For Ethereum, focus on the 2,180–2,200 support zone. If support holds, there is still a chance to challenge the previous high of 2,336; if support fails, further downside will open up. At this stage, the battle between bulls and bears is intense, and fluctuations will increase. Wait patiently for a pullback to support before entering. Chasing the rise offers a poor risk-reward ratio, so in terms of execution, continue following the approach provided previously. Thursday midday outlook Bitcoin: Go long on a pullback to the 68,400–68,700 range, targeting the previous high of 70,450; if it breaks through, continue looking higher. Ethereum: Go long on a pullback to the 2,180–2,200 range, targeting the 2,336 high.