Bitcoin Brief Analysis: Facing pressure at 74,000 with oscillating decline, support at the 7,000 level remains effective; focus on Non-Farm Payrolls and remarks from Jerome Powell.

Yesterday evening, BTC declined from around 73,500, as the US stock market opened and continued to decline, then rebounded over 1,000 points near 70,600;
Just tested 70,300 and then rose another 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 to it, the safer it is to go long.
Last night, Jingwen provided a real-time long strategy at 70,800, and has been holding it. 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. #GateforAI重磅上线 #GateforAI重磅上线 #加密市场小幅下跌