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Bitcoin initially peaked at 70,300 in the morning and then faced resistance and pulled back, with a low around 69,300. Currently, it is consolidating around 69,800. The overall trend remains mainly sideways, with no clear signs of a breakout. The morning analysis has already clearly indicated that short-term positions can be arranged by shorting at resistance levels during rebounds. The market movement is cooperating as expected. Currently, Bitcoin has successfully taken profit on two positions! The subsequent strategy remains unchanged: continue to short on rebounds, aiming to short around the 70,200-70,700 range, with a target of 68,500!