3.6 Morning Bitcoin Brief: Facing pressure at 74,000 with oscillating decline, support at the 7,000 level remains effective; focus on Non-Farm Payrolls and Jerome Powell's speech.

Last evening, BTC dropped from around 73,500, with the US stock market continuing to decline after opening, then rebounding over 1,000 points to around 70,600;

Just now, a test of 70,300 was followed by a small increase of over 1,000 points; indicating that the support at the 70,000 level is still quite effective;

On the hourly chart, bearish momentum is also decreasing in volume, and the lower band is just at 70,000; therefore, during the daytime, the closer it gets to this level, the safer it is to go long.

Last night, Jingwen provided a real-time long strategy at 70,800, which has been held continuously. The floating profit and loss are roughly balanced, and we can only wait quietly to see the technical rebound strength from this test of the 70,000 level!
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