Correct. Eventually you need the stock price to close below your lowest strike price so you can keep the money rather than keep rolling.
In the example above, it's non directional, or even bearish ie I don't want the strikes to be hit. Is there any such thing as a directional credit spread. Ie buying ITM or close to the money call and selling a higher call to pay for it? Ie I want to be long by expiration? Or even price is at 69. Buy a call at 70. Sell call at 75. Seems they are always debit trades