Bitcoin is currently experiencing a continued decline, but the downside space is limited. The bullish pattern has been broken, so we are temporarily staying on the sidelines. You can consider a light long position around 63,000. The key bullish and bearish dividing point is 69,100. In the short term, the oscillation range has slightly adjusted, and the market has entered a new fluctuation zone. Strictly follow your trading strategy, control your position size, and implement strict stop-loss measures. The current operational zones are as follows: the first resistance level is around 68,500, the first support level is approximately 66,000, and the trading range is between 66,000 and 68,500. After breaking above 68,500, the second resistance is at 70,200; if it falls below 66,000, the support is around 63,000. You can operate within these three zones in turn. Note: Only trade at key levels, set proper stop-losses, seize opportunities carefully, and be patient in waiting for the right moment.