Bitcoin experienced a short-term rally yesterday following remarks from the former president, but the momentum did not sustain. For this type of rapid price surge, there typically lacks stability, and the price has precisely touched the resistance zone of 71,000-72,000 established on the 19th, 20th afternoon, and 21st evening of this month. Multiple attempts to break through this level have been unsuccessful. Currently, the market remains in a bearish environment, so the probability of sustained upside is relatively low. Therefore, entering short positions at the resistance zone remains a more effective approach. Regarding participation: it is recommended to continue entering short positions in the 71,000-72,000 USD range, with a stop loss at 73,000 USD. On the downside, we continue to target the 68,000-69,000 zone for the short term.

BTC-1,59%
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GateUser-f7a5a354vip
· 4h ago
One sentence to tell you that 5000 points have been wasted.
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