Bitcoin's price again broke through the 71,000 level this morning, but there was not enough bullish support to sustain the upward movement, and the price pulled back once more. On the one-hour chart, it has tested the 71,000 level three times recently, only to retrace each time. The indicator chart shows that the KDJ lines have entered the overbought zone. Regarding the VOI volume chart, the bullish momentum remains weak. Currently, the geopolitical situation has not had much impact, but I believe that without more participation from chips, it will be difficult to stabilize above the 70,000 level in the short term.



Reference: Short at 70,800, target 68,800, stop loss at 1,200 points#BTC #ETH
BTC-0,14%
ETH0,72%
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