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Currently observing BTC after a day of intense struggle at the same price level. Short-term positions have perfectly captured several waves, with reminders provided in the signals. During the phase of bulls vs bears before breaking out of the consolidation range, opportunities are given for shorting rallies and buying dips on short-term basis. In choppy markets, we should trade the chop.
Currently, the big pie is defending a key support level. At the same time, market momentum is weakening and short-term selling pressure is significant, with overall bias tilted toward testing support below. Before the upper level breaks and closes above 71400-72000 with volume, pay attention to the 88000-89000 area below.