From midnight to now, the overall trend continues to follow the weak momentum from the weekend. Bitcoin has been repeatedly consolidating near the 70,000 level during the late night hours, with multiple technical rebounds failing to achieve true continuation. The strategy provided earlier remains very clear: layout around high-altitude shorting, avoid blindly chasing longs, and don't look for reversals during corrections. As morning arrived, short-sellers released concentrated pressure, causing prices to quickly drop to a low of 68,189, after which a technical rebound pulled back above 69,000.
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