In the afternoon session, Bitcoin maintained brief minor fluctuations near $70,400, but bullish momentum was weak and failed to organize an effective counterattack. Subsequently, bearish momentum gained strength again, with price coming under pressure and breaking below the $70,000 level—a key psychological and technical support. Currently, the price has further declined to near $69,700, bearish sentiment dominates absolutely, and the market downtrend is evident.
From a technical perspective, the effective break below the $70,000 level is a key signal of market weakness, which typically trigge
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