Well done to the long leverage players, with a good upward posture, they were hard pulled down by the longs. Many people went long around 69800-70200, and the rise in US stocks drove Bitcoin up to around 71500, but this waterfall also liquidated long positions at 70800. Keep shaking off the long positions, they have already come down in the typing space, and the friction has made the longs afraid to get on board.

Bitcoin Today's Market Analysis
From the liquidation chart, there is currently no panic selling, and normally it shouldn't drop to around 64100 because there are too many short positions above, so a rebound is expected.
The 12-hour line has touched the middle band of the Bollinger Bands and has rebounded; from the daily line, there should also be signs of a rebound.
The first target position is around 69800.
The second target position is around 70200.
The third target position is around 72200.
If the number of long positions continues to increase, it may affect the rebound momentum. The market can change at any time.