Current quote around 68,580, with a slight intraday increase of 0.05%. The 15-minute chart shows a sharp decline from the high of 70,300, breaking through key support levels and stabilizing around 68,200 with sideways consolidation. The bearish trend is fully confirmed. The core trading strategy is to short at high levels within the large range, strictly adhering to stop-loss risk management.

1. Short position strategy (trend-following high short, core approach)
Entry conditions:
① Price rebounds near 69,100 (BOLL middle band) with signs of resistance and reversal (short-term volume decrease, small bearish K-line), gradually building short positions;
② If the rebound exceeds expectations and reaches the 69,200-69,500 range, add to the short position again.
Stop-loss logic (must be strictly followed): unified stop-loss at 69,600! If the price breaks through 69,500 with increased volume and stabilizes, indicating an unexpected bullish move and trend reversal, exit immediately. No holding through losses.
Take-profit targets (partial profit-taking within the large range):
First target: 68,200, reduce position by 50%;
Second target: 67,500, close all remaining positions.
Short-term (1-3 hours): The bearish trend is clear, likely to oscillate downward within the 68,200-68,900 range. Rebound then shorting is the optimal strategy. #btc