BTC briefly stood at 70K at the end of October and then broke through 7 again. Here are my views: 
-70k and 72k were broken in this week's pull-up, but after the breakthrough, the price began to show signs of distribution, and the price did not successfully stabilize above it. This may mean that the main force took advantage of the market's fomo sentiment of breaking through 70k to take the opportunity to ship.
-After the non-agricultural data on Friday came out, the price quickly rose from 69k to 71.4k. I reminded in the group that it was likely to fall back to the starting point the next day. Sure enough: financial data often does not change the trend after it appears, but there will be a large fluctuation and loss-making market.
-Technically, as shown in the figure, it fell below the green trend line, and a new round of decline began. But note that because it is the weekend, it is still possible to stand up and pull back to the green line (69560).
-The short-term target of this wave of decline is 64556.