$BTC is just one step away from setting a new high.

Short-term situation: $BTC is only about 10% away from breaking the historical high, and in the volatile cryptocurrency market, such a gap can quickly be filled.

Long-term trend: Although there may be slight pullbacks in the short term, the overall trend remains upward, indicating that the market maintains an optimistic outlook in the long term.

Technical and psychological barrier: $70,000 is not only a technical resistance level but also an important psychological barrier. Historically, $BTC has spent very little time at this price level, and every time Bitcoin attempts to break through this level, it triggers a strong market reaction.

Investor sentiment comparison: In a bull market, some investors may lose patience and exit the market due to significant volatility. However, those who can stick to long-term investments are able to adapt to market fluctuations and often achieve substantial returns over time.