Bitcoin's resistance level has been decreasing from 904 downwards, now around 880. The recent one or two days' market has been fluctuating within this range, always struggling to effectively break through the 880 barrier. Several traders have already positioned short orders at this level, observing whether a breakdown can be confirmed later. It is worth noting that the liquidity condition across the entire crypto market is also continuously deteriorating, dropping from the 800 level down to 600, then to 400, with the stepwise liquidity exhaustion becoming increasingly apparent. In the short term, for BTC to break through, we still need to wait for market sentiment to warm up and for improvements in the capital environment.