Recently, BTC has been in a weak, sideways consolidation pattern with a bearish bias.

As of March 9, it continues to fluctuate within the 6,650–6,750 USD range.
It has retraced nearly 50% from the October 2025 high of 126,000 USD.
Since February, it has been in a continuous correction.
Although there was a rebound at the beginning of March,
the rebound has been weak.
Resistance above 70,000–71,000 USD is明显.
On-chain selling pressure has weakened but has not reversed.
ETF fund outflows continue.
Macro and geopolitical pressures remain.
Short-term, bears are favored.

In the next month,
BTC is likely to maintain a wide range of 6,500–7,200 USD with sideways volatility,
making a trend-based rally unlikely.
The main pressure comes from Federal Reserve policy expectations.
ETF fund outflows and safe-haven capital flowing into gold.
If it breaks below the 6,500 USD support, it may drop to 6,300–6,000 USD.
If it volume-breaks above 7,200 USD,
there is potential for a short-term rebound.
Overall, the main focus is on sideways consolidation.
Clear trend reversal signals have not yet appeared.