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#比特币 Bitcoin has entered a consolidation range, temporarily unable to return to the larger oscillation range. Shorting is not recommended. The key support level for the current consolidation is 69,000, which tests the validity of the 70,000 breakout. Additionally, from a longer-term perspective, the validation point at 65,900 still exists. The prerequisite is to first break the support level at 69,000. It is also possible that during this sideways movement, underperforming altcoins like PEPE may experience a rotation rally.