Bitcoin's short-term bearish pattern remains unchanged, with the overall trend leaning downward. Yesterday's movement throughout the day showed repeated oscillations with long and short positions taking turns sweeping and washing, appearing minor in fluctuation but harboring extremely strong destructive power.

This grinding market is essentially designed to harvest traders with impatient mentality and those chasing highs and selling lows. The more chaotic the market, the more calm you need to be. Remember not to blindly chase highs into positions, not to repeatedly go all-in gambling, and not to be deceived by minor rebounds. Each feeble rebound is a quality opportunity to set up short positions.

In terms of operation, maintain light positions following the trend, strict risk control, and disciplined adherence. Only by maintaining rhythm can you safely navigate through the oscillation cycle and await the arrival of true directional movement.

Operation suggestion: Aggressive traders go short at current price 70284, conservative traders go short near 70600-71200, targeting downside 68000-67200 nearby. If it breaks below 65500, follow the trend; if it doesn't break, reverse accordingly.
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