The market is gradually forming an M-top pattern, with persistent resistance above 71,500. Both hourly and 4-hour timeframes indicate a pullback expectation, and short-term bullish momentum is relatively weak. If Bitcoin cannot hold above the key level of 71,800, it is more prudent to adopt a bearish stance after the rebound faces resistance. Tonight, consider setting up short positions around the resistance zone.

Direction: Short
Entry Range: 71,500-72,000
Stop Loss: 72,300
Take Profit: 70,000, reduce positions to preserve capital, with a subsequent target of 69,000

Stay tuned for the latest insights so you won't miss any precise opportunities and can confidently seize swing trades!#当前行情抄底还是观望？