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The POC compression zone is crucial for Bitcoin. Currently, BTC is fluctuating within the 69,000-71,090 USD range, with prices still below the monthly VWAP level, representing a consolidation phase of long-short equilibrium. This POC compression zone is a key technical node — below it, there is a clear liquidation cluster pointing to the VAL support level, with 68,000 USD becoming the critical defense line that must hold.
If this support level breaks, prices may continue to decline; if it stabilizes at this level, the consolidation pattern may persist, awaiting confirmation of a new breakout direction. The upper and lower boundaries of the POC zone are determining whether Bitcoin can break through the resistance level or continue to consume time in consolidation in the short term.