BTC 70,000 Level Tug-of-War: Volume Contraction Pullback ≠ Reversal, Key Levels Determine Direction
After BTC's pullback from recent highs, bulls and bears enter a critical game phase. Following a breakdown of the 70,000 level on the 4-hour chart, weak oscillations ensue, with the daily chart showing bearish signals like a dark cloud cover. Short-term bears hold the edge; however, trading volume hasn't significantly expanded throughout the pullback, indicating technical correction rather than trend reversal.
Key Levels:
Resistance: 71,500 (stabilizing here would ease the downtrend)
Support: 67
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