Bitcoin recently broke through $74,000 briefly but pulled back to around $70,800 due to selling pressure from short-term holders. Although prices show an upward trend, they face structural resistance, and the current movement looks more like a bear market rally than a bull market launch. If unable to effectively resist selling pressure, it may break below the $70,000 support level. The market is still waiting for clearer signals.
A certain CEX official stated that federal courts in New York and Alabama dismissed the counterterrorism lawsuits against it and its founder, reaffirming legal standards. The exchange will continue to comply with sanctions laws and looks forward to cooperation with both parties.
