Technical Key Points Explanation:

• The recent trend has been relatively simple, with clear support and resistance levels. The support and resistance levels for Bitcoin provided in previous analyses have been reached, with a bearish outlook around 68500 and a bullish outlook around 67000, both offering good potential. You can refer to historical analysis for more insights. Overall, it is moving within a range for consolidation. From a daily perspective, it is building momentum within a triangular area to find the next breakout point.

• The upper resistance levels are at 68500 and 68800, while the lower support levels are at 67000 and 66500. After multiple tests and consolidation this week, we are waiting for a breakout trend.

• On the 4-hour chart, the highs are moving down while the lows are moving up, indicating a clear range-bound oscillation pattern. We will continue to respond with oscillating movements throughout the day.

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• For Bitcoin, it is recommended to short around 68300-68500, with a stop loss at 68900 and a target of 67300-67000;

• For the lower range around 67200-67000, it is recommended to go long, with a stop loss at 66600 and a target of 68200-68500;

• A follow-up video explanation will be updated, covering trend analysis and response positions, as well as sharing key technical patterns. Remember to stay tuned!

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