Bitcoin falls below $68,000, cryptocurrencies decline across the board On Friday, Bitcoin fluctuated lower, breaking below the $70,000 psychological level during trading. As of North American trading hours, Bitcoin dropped over 4%, reaching a low of $67,753.28. Although it briefly surged above $74,000 earlier this week, it still potentially posts a weekly gain of over 4%. Currently, market sentiment remains fragile, with geopolitical risks being a significant factor suppressing prices. After the US and Israel launched strikes on Iran, Iran launched missile and drone retaliations across the Middle East, pushing the conflict into its seventh day on Friday, and risk aversion in the market continues to intensify. Aside from Bitcoin, other major cryptocurrencies also generally declined on Friday, continuing the cautious market trend. Ethereum fell nearly 5%, to $1,986.89; Ripple dropped about 5%, to $1.36. Solana declined by 6.6%, while Cardano and Polygon both fell approximately 5.5%. In meme coins, Dogecoin decreased by 4.8%. Overall, under the multiple pressures of escalating Middle East tensions, soaring oil prices, a strengthening US dollar, and fluctuating interest rate expectations, crypto assets are under significant short-term pressure. Although Bitcoin still has the potential to rise this week, whether it can regain and stay above $70,000 will depend on further developments in geopolitical situations, oil price trends, and Federal Reserve policy expectations.

【$SNX Signal】Pullback to Long! 1H Oversold Divergence + Strong Support, Clear Signs of Main Force Protecting the Market $SNX The 1H RSI has entered the oversold zone and shows a bottom divergence pattern. The price repeatedly tests support in the 0.312-0.317 range. Although the 4H chart is in a downtrend channel, the open interest remains stable, with no signs of panic selling. Coupled with negative funding rates, there is potential for a short squeeze rebound. Currently, the price is testing the 1H EMA50 support, with solid buy orders below, indicating main force is defending the market. 🎯 Direction: Long (Pullback for Entry) ⚡ Entry/Order: 0.310 - 0.313 🛑 Stop Loss: 0.299 🚀 Target 1: 0.328 🚀 Target 2: 0.338 🛡️ Trading Management: - Execution Strategy: After reaching Target 1, reduce position by 50% and move the stop loss up to the entry price of 0.313. Hold the remaining position to aim for Target 2. If the price pulls back and breaks the moving stop loss, exit all positions. Depth Logic: Despite the price decline, open interest remains stable, indicating it’s not main force unloading, but rather a passive liquidation of long positions. The 1-hour RSI has fallen to 41, near recent lows, showing a slight divergence with the price and building rebound momentum. Market depth data shows unusually thick buy orders below 0.310, forming a strong support wall, while sell orders above 0.319-0.322 are relatively thin. Breaking through this resistance could trigger a rapid rally. In a negative funding rate environment, the cost for short positions increases, setting the stage for a short squeeze. View real-time market 👇 $SNX --- Follow me: Get more real-time analysis and insights on the crypto market! $BTC $ETH $SOL ‍#我在Gate广场过新年 #GateforAI重磅上线

$PI is a cryptocurrency with the second-highest popularity across the entire network, alongside Bitcoin!