#我的周末交易计划 Current Market Situation: The 70,000 Psychological Dam is Critical, Technical Breakdown Risks Surge
In the early hours of this morning during the Asia-Pacific session, BTC bulls completely lost the 70,000 USD defense line. Major exchange prices briefly probed down to around 69,200 USD, followed by a modest rebound but consistently lingering below 70,000, with extremely weak counter-attack momentum from bulls. Technically, the previously sustained uptrend channel and ascending wedge pattern have confirmed breakdowns, indicating that short-term buying power is completely exhausted. Th