Hourly upper band pressure with multiple bounce attempts that failed to break through, indicating short-term strong resistance from above. Bitcoin has effectively broken below the 70,000 level, and it's suggested to continue following the downtrend this evening.

Target levels: 69,600-69,200. If the 69,000 support level holds, look for a reversal back up toward 71,000 and above.

BTC-2.18%

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