BitUnix analyst: Tariff war officially strikes, investors should pay attention to BTC key support level of $70000 and resistance level of $75000

BlockBeats News: On March 5th, Canada officially implemented a retaliatory tariff of 25% on US goods; China has also announced that it will impose tariffs of 10% to 15% on some US agricultural products starting from March 10th. Mexico plans to announce its countermeasures against US tariffs on March 9th. BitUnix analysts suggest that during the recent escalation of global trade tensions and severe turbulence in global financial markets, the cryptocurrency market may be negatively affected, especially when investors are concerned about liquidity and regulatory environment. BTC's recent price fluctuations have been significant, and investors should pay attention to the key support level of $70000 and resistance level of $75000. It is recommended to operate cautiously, closely monitor market trends, and do a good job in risk management.