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From a structural perspective, Bitcoin is still maintaining a bearish bias. Yesterday's rally was an anomaly driven by sudden positive news stimulus.
Trump-related positive catalysts came suddenly, and market sentiment was released quickly. Typically, this type of rally is difficult to sustain consecutively. After a short-term spike, there is potential for pullbacks and consolidation. Exercise caution on timing.
On the operational level, remain primarily short-biased. Key focus is on how key resistance levels hold up. Avoid blindly chasing rallies and wait for suitable high-level entry opportunities for shorts. Manage position sizing and risk well, and respond steadily to market fluctuations.
Trading suggestions: Aggressive approach - short at current price 70887, Conservative approach - short around 71200-71800 levels, downside targets around 69600-69000, if breaking below 68000, set stop loss based on your own position sizing.
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