Big Bitcoin Afternoon Analysis

From a chart perspective, Bitcoin surged to 71,787 in early trading and then pulled back. Currently, it's oscillating narrowly in the 70,000-71,000 range. Short-term moving averages have turned downward, with price under significant pressure, and bulls and bears are in a deadlock.

On the technical side, the 70,000 round number is a key support level. A decisive break below will open downside space. Resistance above is concentrated at 71,000, requiring volume to break through to reverse the weakness. Indicators show narrowing volatility, with KD in a neutral-to-low zone. Support below is gradually rising, limiting short-term downside potential.

In terms of sentiment and macro factors, profit-taking sentiment is strong after the early morning surge, market sentiment is cautious, Fed policy expectations weigh on risk appetite, and capital operations are prudent. This afternoon, focus on volume: volume confirmation above 70,500 confirms a short-term rebound; volume contraction breaking below 70,000 warrants caution for a move toward 69,500.

Operation Suggestion: Short at 71,000-71,500, target 68,500-69,800$BTC $ETH #特朗普对伊朗军事打击推迟五天