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Pay attention to the 70,000 resistance above; consider shorting on rallies, the strategy remains unchanged!
The most important area to watch now is the retracement of the initial decline to the 0.5–0.618 Fibonacci retracement zone (around 70,000).
Consider confirming on the right side before lightly opening short positions with low leverage, and set a strict stop at 74,000.
Once the price effectively breaks above and surpasses the 70,000 key resistance zone, it indicates that the bulls are clearly in control, and the market is likely to continue a wide-range consolidation pattern. #BTC