Currently, Bitcoin prices are oscillating around a high range, with short-term rebound momentum under pressure. The key resistance zone has already shown clear suppression, and the current core trading strategy is to go short in line with the trend. Entry points and targets are clear, and strict risk management is essential.

1. Key Market Analysis
Resistance Zone: 68,500-69,200 is a short-term strong resistance area. This level is the critical dividing line between bulls and bears. When prices rebound to this zone, resistance signals are obvious, with no signs of volume breakout, making it the best area for short positions.
Lower Target: Look down to the 67,000-66,000 range. This zone is a short-term key support level and a reasonable profit-taking target in a bearish trend. Price dips into this range may be supported temporarily, but the probability of further decline is higher.
Trend Judgment: The short-term market is bearish, with weak volume on rebounds and clear resistance. There are no signs of a bullish reversal. Trading with the resistance zone for short positions aligns well with the current weak and oscillating market rhythm.

2. Practical Trading Strategy
Short Position Setup: During a rebound to the 68,500-69,200 range, gradually build short positions, entering based on resistance levels. Avoid chasing highs and hesitating.
Risk Control: Strictly manage position sizes. If the price volume breaks above 69,200, exit decisively to avoid trend reversal risks. Do not hold against the trend.
Take Profit Targets: The first target is the 67,000-66,000 range. Once reached, consider reducing positions gradually to lock in profits. Do not be greedy if the level is not broken.

3. Market Outlook
In the short term, Bitcoin lacks clear positive catalysts. The resistance zone at 68,500-69,200 effectively suppresses upward movement, likely leading to continued weak oscillation. The strategy of shorting at this zone is highly applicable. If support at 66,000 is broken, further downside potential will open up, and traders can follow the trend accordingly.
Core Trading Principles: Follow the trend, enforce strict risk management, execute at target prices, and avoid being disturbed by short-term fluctuations. Maintain disciplined trading.