Prices rise to 70,000, how long can market sentiment hold up?

BTC hits $70,000, with ETH and SOL leading the rally together, and short-term trading is hot. But the most interesting change in the market today is the sudden disappearance of the daily 10 a.m. sell-off. Some attribute this to the Jane Street lawsuit, while others say it's just a coincidence. Regardless, short-term market sentiment has clearly improved.

$70,000 is a psychological barrier as well as a technical resistance level. Whether the bulls can break through depends on trading volume. If trading volume is strong, a rebound is likely to continue; if volume is weak, it may just be a technical correction at high levels. Short-term investors should pay attention to key support levels at $66,500~$67,000 and position themselves reasonably.

In terms of asset selection, BTC remains a safe haven, with ETH, SOL, and other high-quality chain ecosystem tokens showing strong potential to follow the rally. Some concept tokens can be used to adjust short-term positions, but volatility should be noted. For trading strategies, gradual position building suits conservative investors, while waiting for confirmation of a breakout is better for aggressive traders.

Humorous summary: The market is on a fast lane, but there are still obstacles. The disappearance of the 10 a.m. sell-off gives bulls short-term control, but whether they can truly break through 70,000 depends on the coordination of trading volume and psychological barriers. #BTC能否重返7万美元？