From a technical perspective, the daily timeframe for BTC still leans bearish.

Yesterday's session closed with a large red candle body, indicating selling pressure still dominates.
After the previous sharp decline, the market is entering a consolidation phase within a downtrend, with a temporary wide range between $65,000 and $74,000.
📰 Regarding News
Geopolitical developments are adding pressure.
US-Iran negotiations are said to have broken down, and the US is tightening control over the Strait of Hormuz.
In this context, unless there are "calming" statements or psychological support signals from Trump, the current information landscape remains short-term negative.
📈 Key Technical Milestones
• Short-term support: $70,500
• If this level is broken, there is a high chance BTC will continue to retreat to test the $69,000 zone
• The $69,000 area is considered a critical boundary between the bulls and bears
Price reactions around the $69,000 zone will determine the next move:
• Holding this level → Possible formation of a technical rebound
• Losing this zone → The weakening trend will become clearer
👉 Conclusion
Currently, BTC remains sensitive to news and heavily influenced by macro factors.
In the short term, closely monitor reactions at key support levels instead of rushing to predict the trend.
This phase is not the time to "guess the top or bottom," but to observe how the market reacts at critical zones.