BTC Update

The hourly candle remains flat, indicating a short-squeeze market.

The upper limit of the hourly line is decreasing, encountering resistance. With the weakening bullish volume, it's essential to test the support at the bottom.

The crucial support point for the range is $68,950.

Once the volume drops below $68,950, BTC is expected to quickly weaken and hit a bottom.

Following a brief decline, $BTC rebounded at $68,950.

Resistance levels: 70,560, 71,630, 72,350

Support levels: 68,980, 67,830, 66,530

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