This is how manipulators control the market in the short term especially during non-working hours and weekends

In the picture below, you'll see that most US investors rushed to buy at the start of wall street working hours at around 9:30 AM EST time then this momentum cooled off over time. Only 10 minutes before the end of the working day at around 4:20 PM, this big selling order was setup to terrify day traders and knock them out leading to more price decline in the following hours up until now.

If you notice, even ETF issuers like blackrock has the right to borrow BTC or cash from coinbase exchange and sell/buy to manipulate the markets in the short term. These ETF issuers can provide competitive prices per share so they can draw more investors in if they can buy/sell at better prices than retail investors working with plain DCA

In an hour, whoever sold at 70k, will be able to buy today with more than a $1500 discount.

So, it's expected for prices to go back above 70k today