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After the previous strong surge, the BTC 15-minute chart is entering a "consolidation" phase – but this is not a sign of weakness, rather an absorption stage of supply pressure just below the resistance zone.
The notable point is that above, there still exist quite thick "sell walls" in the 71.2k – 72k region, causing the price to be continuously blocked each time it approaches. This indicates the selling side is still controlling this area.
On the opposite side, buying pressure is being arranged quite clearly below, with large bid clusters around 70.4k, 70k, and 69.6k. This is an important buffer zone that has prevented the price from breaking down after the pump.
Currently, this structure leans more toward sideways accumulation below resistance rather than an immediate strong trend continuation. If the 71.8k – 72k zone is not definitively broken through, there is a high probability the price will continue fluctuating within this range to "build momentum."
Key levels to watch:
- Resistance: 71.8k – 72k
- Support: 70.4k / 70k / 69.6k