In the past 24 hours, Bitcoin has experienced a "roller coaster" trading pattern. After a dip in the early morning, it rebounded technically to the 68,000 level. Currently, it is in a phase of oscillation and repair, but overall market sentiment remains fragile.

Technically, the four-hour Bollinger Bands are showing a sideways pattern, with moving averages in a bearish alignment. The overall trend still faces downward pressure. The daily RSI is at 43, not yet in deep oversold territory. The market is currently in a zone of macro fear and structural demand tension. In the short term, the bias leans more toward downside. Trading strategies should focus on shorting at higher levels and buying dips as a supplement.

Recommended reference:
Short in batches within the 67,800-68,300 range, with a stop at 68,800, targeting down to 66,500.