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Bitcoin's short-term trend still maintains a oscillating pattern, with short-term resistance mainly concentrated around the 71,200 level. On Tuesday, after reaching a high of 71,700, it gradually came under pressure. The brief rally to around 70,800 failed to continue upward effectively. In the evening, Bitcoin continued to trade around 71,000, with short positions around that level. The short-term target is near 69,000; if broken, the next support level is around 68,000.