Bitcoin is now a typical oscillation pattern.

There's selling pressure above 73,000, and buyers stepping in below 69,000.
Before breaking out of this range, it's a rhythm of selling high and buying low.
Based on the structure from the last two days, here's roughly how to view the range:
Upper resistance: 72,500 — 73,500
Lower support: 68,500 — 69,500
Mid-axis approximately at: 71,000
Currently it's basically oscillating back and forth around this mid-axis.

Short Trading Strategy
If price approaches again:
Around 72,500
Consider: Light short position
Target: 71,000—70,000
Stop loss: Around 73,000

Long Trading Strategy
If it retraces to: Around 69,500 can go long: Accumulate in batches on dips
Target: 71,000—72,000
Stop loss: 69,000

Most Important Principle for Oscillation Patterns
Just remember one thing:
Don't chase rises, don't panic sell.
Because the essence of oscillation patterns is:
They specifically harvest people who chase orders.#Gate广场AI测评官 #加密市场上涨