$BTC 3.20 Evening Bitcoin and Ethereum Market Analysis and Trading Recommendations
From a technical perspective, the 70,000 level is not only a psychological round number, but also reinforced by the support effect of the previous dense trading zone. The fact that price has stabilized here demonstrates that bulls have not abandoned their resistance. More critically, after the market absorbed selling pressure, it did not experience further collapse but instead attempted to establish a new attack position—this "defense as offense" posture often signals the prelude to a rebound rally.
If 70,000 c