#ShareYourThoughtOnBTC $BTC is currently trading around $70K, following a period of intense volatility and heavy selling pressure across the broader crypto market.
Market sentiment remains fragile
Recent headlines highlight a sharp correction from the late-2025 highs, with trillions wiped from the total crypto market and analysts describing the move as a potential capitulation phase. Institutional exposure has also taken a hit, reinforcing the current risk-off mood.
Technical picture
* Momentum indicators sit near neutral-bearish territory, showing weak buying strength.
* Price remains far below the major **trend-reversal resistance near $93K–$95K.
* Immediate support sits around the $70K zone, with deeper downside risk toward the $60K area if selling continues.
What this means
Right now, Bitcoin appears to be in a corrective phase rather than a confirmed new bull trend.
For sentiment to shift bullish again, BTC would likely need a strong reclaim of key resistance levels and sustained buying volume.
Big picture
Short term: Cautious / bearish pressure
Long term: Structure still intact if support holds and confidence returns
As always in crypto, volatility is part of the game so risk management matters more than predictions.
Not financial advice.