#加密行情震荡 Bitcoin$BTC currently has resistance at the red box area. The price hitting this level shows very obvious resistance, with VPVR around 70590. Based on current data and K-line analysis, after experiencing a decline, the market shows a consolidation pattern that is still biased downward. However, the key pivot point for this uptrend rebound is at 69270. If this level is not effectively broken below, we cannot immediately conclude that this uptrend is over. In terms of the larger timeframe trend, a downtrend still aligns with the overall trend.🐻