In the morning, the market panel once again returns to consolidation and is ranging. Don’t chase after highs—this is also the main theme right now. On Bitcoin’s daily chart, price is moving within a fan-shaped channel. In the short term, it’s not possible to clearly tell strength or weakness in a one-direction move; instead, it has been oscillating back and forth around the current upper and lower range. The previous high at 82,200 is also the top of the pattern. Support lies at 80,000. Only a breakout within the day would show continuation on one side. On the four-hour chart, after one wave probes higher and then pulls back, the rebound highs gradually decrease. It is currently rebounding back up to resistance to confirm. In the short term, it’s making repeated detours and flips; trading is more testing when it comes to pinpointing the entry. In the short term, it will definitely first touch higher and then fall back.