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【Market Quick Review】Bitcoin drops below $71,000, ETH, DOGE slide as war-week rally encounters resistance
Logical main line: Recent volatility mainly driven by risk appetite contraction and re-pricing of high-position chips. In the short term, watch whether the deleveraging pace has ended.
Market focus:
1) BTC support in the 69.8k-70.3k range;
2) ETH around 2,040;
3) If trading volume does not increase, expect a rebound mainly for correction.
Strategy framework:
- First control positions, then look for certainty;
- Watch resistance levels during rebounds, avoid chasing highs;
- Confirm support before scaling in.
Risk points: U.S. Treasury yields, US dollar index, geopolitical news secondary shocks.
Disclaimer: For personal observation only, not investment advice.