Yesterday, the 72,000 level was repeatedly tested but failed to establish a stable foothold. The resistance area remained strong after multiple tests, and the short-term momentum for a breakout was clearly insufficient.



Currently, the price is consolidating within a narrow range around 71,200, and no clear upward trend has formed yet. Bulls and bears continue to engage in a fierce tug-of-war within this zone. Since upward attempts have been repeatedly thwarted, Dao Ge judges that the resistance at high levels remains effective. The outlook on short positions remains unchanged, and maintaining positions around the resistance level is still the prudent choice.

Short entry reference: Enter in the 71,500–72,000 range, with a target around 69,000–68,500. Operate with patience, wait for confirmation signals of a rebound and resistance before entering, and manage positions and risk carefully. #BTC
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