Currently, after a day of intense tug-of-war, the price level remains at this point. In terms of positions, short-term trading has successfully captured several waves, and there were also reminders during the process. During the phase when the bulls and bears have not yet broken out of the range, opportunities for short-term high selling and bottom buying are available. In a ranging market, it should be treated as such and approached with patience.

Currently, the overall outlook is that Bitcoin is holding at a critical support level. At the same time, the market shows signs of weak momentum and increased short-term selling pressure, indicating a tendency toward testing support on the downside. Until volume recovers and the price reclaims the 71,400-72,000 range, attention should be paid to the area around 88,000-89,000 below.