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#Gate13周年全球庆典
Bitcoin continued its decline from the previous day. Yesterday morning, it experienced a slight rebound to test the 71,500 USD resistance zone but was met with resistance and fell back. From midday through the evening, it continued to decline, with the lowest point touching the key support level around 68,700 USD. Subsequently, a technical rebound was triggered for recovery, with the early morning rally reaching a high of 70,688 USD before facing selling pressure again and falling below the 70,000 USD round number. Currently, it is oscillating weakly around 69,800 USD. From a technical perspective, the short-term bearish trend remains intact, with the 70,600–71,500 USD range forming a strong resistance zone, and 68,700 USD serving as an important short-term support. The rebound strength is relatively weak, and trading volume is insufficient, indicating limited bullish momentum. The market remains in a weak consolidation pattern after a pullback from higher levels.$BTC