#GateforAI重磅上线 #GateforAI Officially Launches, Day 10! Today BTC retreated as expected, down about 2.3% over 24 hours, currently around $70,700. This is a healthy profit-taking and shakeout after breaking through $74,000. The mid-term bullish logic remains intact.
1. Three direct reasons for today's decline
- Profit-taking at high levels: $74,000 is a dense trapped zone, with longs taking profits and exiting, releasing selling pressure.
- Slight outflow of ETF funds: After recent net inflows, yesterday saw about $227 million net outflow, indicating short-term caution among institutions.
- Cau