The 4-hour level closed with a long lower shadow in the evening. There is relatively strong buying support around 69,000 in the short term. The daily level has closed positive for three consecutive days. However, the high-level doji that closed in the early morning hours is a signal that needs close attention in the short term, as this pattern often suggests that prices will face certain pullback pressure in the near term. Overall, the price shows obvious stagnation after breaking through higher levels, and the short-term need for pullback consolidation is increasing. Bitcoin has maintained wide-range fluctuations recently, and the oscillation pattern will continue. In terms of operations, we maintain a preference for shorting at high levels.