Afternoon Analysis

Currently, Bitcoin remains in a high-level oscillation pattern, with bulls and bears fiercely contesting around the 70,000 level. There is no clear directional trend at the moment. On the daily chart, the downward momentum has weakened, but the upward push also lacks sustained strength. Overall, the price is trading within a range with resistance above and support below, repeatedly fluctuating within this zone. Until a confirmed breakout occurs, maintain a range-bound trading approach and avoid chasing rallies or panic selling.

In the short term, resistance is around 71,000–71,500. If the price encounters resistance at this level, consider short positions with targets around 69,000–69,500.
For the secondary Bitcoin, consider short positions near 2,150–2,180, with targets around 2,000–2,030.