Today’s Bitcoin

Short-term: Facing resistance at the upper range, mainly trading within the range

This morning, driven by the Middle East ceasefire news, Bitcoin quickly broke through 72,500, but with insufficient momentum and average trading volume, it returned to a weak oscillation pattern.

• Resistance zone: 72,000–73,000, difficult to break through immediately

• Support below: around 69,000, but support is not very strong; next support levels are around 67,000–65,000

• Strategy:

◦ Short position: Consider shorting in the 71,500–72,500 range, with a stop-loss above 73,500

• Viewpoint: Short-term bearish, avoid chasing longs; a rebound followed by a short position is more stable.