Usually, Bitcoin is shorted at the position of 68000. Now that the price has risen above 70000, it's even more necessary to short.

During the day, the price of Bitcoin reached a high of around 71000, opening with a downward trend, and then began a continuous 5-hour upward trend in the morning, ultimately stabilizing at the height of 71000 before starting to decline. This indicates that the downward channel is still present.

Looking at the hourly chart, the price broke through the upper Bollinger Band and then started to decline, indicating that the pressure above is still significant. The support below is at the position of 68800. In the evening, we can enter short at a high, and then take a profit around 69000, followed by observing the fluctuations near the position of 69000.

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