March 7, 2026 BTC Market Analysis

Last night, the release of US non-farm payroll data was positive, but the crypto market showed a reverse trend, with Bitcoin not rising but falling. This morning, the price dipped to the key support level of 67,700 and stabilized, rebounding and currently back above the 68,000 mark.

Trading volume remains sluggish, with明显不足的多头动力，价格走势呈现冲高回落的弱势特征，整体呈“怎么上来怎么下去”的循环态势。每一轮反弹均为减仓离场的机会，后续下行概率依旧较大。

Key Levels

- 68,000: The last line of defense for bulls and bears. Once effectively broken, the bullish momentum will weaken completely.
- 70,000: An important short-term critical point for bulls and bears. If lost, it is likely to result in a false breakout, and the market will seek lower support levels.

Also monitor the synchronized movements of ETH, BNB, and OPN.