Recently, Bitcoin has been oscillating downward from around 70,900. This morning, it briefly dipped to around 65,800 for support. Our previous multiple indications of a high-altitude short-term strategy have been accurately fulfilled. Bitcoin's correction has already moved 3,400 points, while altcoins have also weakened simultaneously, with a decline of about 100 points. The overall market still maintains a weak trend.

From a technical perspective, the price has broken below all short-, medium-, and long-term moving averages. Multiple resistance levels above are clearly suppressing upward movement. The rebound momentum remains insufficient, and the downward energy is still being released. In the short term, an effective reversal is unlikely. The Bollinger Bands indicator shows the price running close to the lower band, which provides some short-term support but does not change the overall downward trend. Continuing to follow the trend for shorting remains unchanged!

For Bitcoin, short around 67,500-68,300, with a target of 65,300-63,000. If broken, look further down to 60,000.
For altcoins, short around 1,990-2,030, with a target of 1,890-1,800. If broken, look further down to 1,730.