BTC just broke through 70,000 US dollars yesterday, and then there was a large-scale decline. What caused it? According to Arkham data, at around 0:00 last night, the US government address transferred 29,799.99 BTC, about 2.02 billion US dollars.

So they are the ones who called for a pull-up, and they are also the ones who caused the market panic. Today, the price has fallen by nearly 4,000 points, and the price is close to 64k. Can you still go long?

From the perspective of conspiracy theory, the dealer's purpose of washing the market has been achieved. If the subsequent price rises, a large number of short chips have been accumulated above. If it breaks through today, it will be very fast.

So BTC is still above the upward trend line. If it can have bottom support at the hourly level in the future, and break through 67k in large volume, giving a bullish signal, it can still test the bet on the bulls.