BTC Market Analysis:

Currently, BTC is in a volatile downward structure, and in the short term, it is expected to shift to a volatile upward trend. Overall, I still see the main trend as oscillating, with the following two main expectations:
1. First expectation: Oscillating upward breakthrough of the 72,000 resistance level
Afterwards, a new major downward cycle begins
2. Second expectation: Oscillating downward, breaking below the previous low, followed by a rebound, but the rebound strength is limited and unlikely to reach a new high of 72,000. After that, a major downward trend will ensue. Therefore, even if the price breaks below the previous low, patience is needed to wait for the rebound high point, and gradually establish short positions at higher levels.