67K Grinding Wheel, 70K City Gate, Where Is the Real Resistance?

Currently, Bitcoin is hovering around $67,000, just a step away from 70K. The problem is, this step is often the hardest.
From a technical perspective, the 69K-70K range is a previous dense trading zone and also the starting point of the recent correction. Two types of positions are stacked here: those trapped and waiting to be liquidated, and short-term traders aiming for quick profits. If trading volume is insufficient, it’s easy for prices to spike and then fall back.
The derivatives structure is equally important. If funding rates are mildly positive and open interest is steadily increasing, it indicates healthy leverage; if rates suddenly spike, the risk of crowding increases.
On a macro level, if the risk asset environment remains stable, BTC is more likely to break through with momentum. Otherwise, 70K will become a psychological ceiling.
In one sentence: 67K relies on sentiment support, 70K depends on capital push.
#BTC能否重返7万美元？