Bitcoin Public Analysis on Saturday:

1. The 70,000 level has been broken, rebounds cannot hold above it. The previous key support at 70,000 has already been breached. Now every time it rebounds to around 70,000, it gets pushed down, showing obvious weakness.
2. All moving averages are pressing downward, unable to rise. Short, medium, and long-term moving averages are all pointing down. Every rebound encounters resistance and cannot be pulled up.
3. Rebounds lack volume, declines show high volume. When rising, there are few buyers and small trading volume; when falling, there is heavy selling pressure and capital is quietly exiting.

Bitcoin 🫓: Shorts can be initiated at rebounds to 71,000-71,500. First target: 69,500. Second target: 68,500 (use caution). Weekend volatility is relatively large, follow the trend with light positions and set stop losses.
$BTC #Gate13周年全球庆典
$ETH #TradFi首创多倍杠杆