JUST IN: VanEck notes Bitcoin miners continue a “mine and sell” posture, with options market defense signaling at peak levels. If miners stay net sellers under pressure, BTC supply dynamics could stay firm. $BTC

JUST IN: Multinational efforts to stabilize energy markets coincide with a rebound in Bitcoin, though uncertainty remains. $BTC

【BTC】 From last night to here, the picture has become quite clear. The 15m formed a head and shoulders bottom accompanied by an ascending wedge, and currently we're at the first short-term resistance level. Friends who entered around 69k should note to reduce positions. The remainder is to capture a retest of the 1h level toward the previous oscillation platform top. So the final exit zone is provisionally set around 718-722, the larger timeframe cannot yet determine a breakout, the range we can provide is quite limited, so 72k is also a good sell point within the internal structure. Until a second test or multiple tests of 69k hold without breaking, and a tower-type bottom forms, we can't confirm the reversal has started. In summary, after reaching the structural resistance, close out all long positions. At minimum, wait for the next pullback on the 15m before considering a second entry. Hold cash and wait to dip-buy around 70k.