Key point: $BTC
Bitcoin's pullback after breaking through $70,000 pushed its price close to $66,000. Ethereum faces a continuous outflow of ETF funds. The market has created uncertainty about the trend of Bitcoin, mainly affected by the transfer of Bitcoin by the US government and market sentiment.
Wen Ge's analysis:
Bitcoin quickly pulled back to $66,000 after reaching $70,000, and the market has concerns about this. - The US government's Bitcoin transfer incident triggered panic among investors, causing Bitcoin prices to fall. - If Bitcoin falls below $66,000, it may fall further to the support level of $60,000.
