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Thursday morning, Bitcoin continues its typical oscillation pattern overall.
After retracing to the 70,600 level overnight, it was quickly pulled back up, with price re-establishing itself above 71,000. The tug-of-war between bulls and bears is evident, but a true breakout hasn't materialized yet. This seemingly "boring" price action is actually the best opportunity for short-term trading—get the rhythm right, and small gains compound into steady profits.
From the current structure, the small-timeframe range remains intact, and price is still "moving within the box." Without a volume-driven breakout, this oscillation will likely continue. Watch for resistance around 72,000 on the upside and support at 69,000 on the downside. Following the "no break, no trade" logic, declining moves remain the primary bias.
Trading strategy is straightforward: if price bounces above 71,500 in early morning, scale into short positions gradually, targeting an initial pullback toward the 69,000 zone. If momentum fails to follow through lower, consider reversal longs. As long as the range holds, trade the bounces—rhythm is priority one, direction is priority two.$BTC #Gate正式接入Polymarket