Evening Market Analysis: Reviewing this afternoon's price movement, Bitcoin oscillated around 70,400, then moved up to approximately 71,300 where it encountered support and began to decline again. Currently, the price has fallen back to around 70,600. Based on our midday trading advice, we entered a short position near 71,000 and captured a profit of 800 points.

From a technical perspective, the high of 71,300 this afternoon has become a short-term key resistance level, which coincides precisely with the upper band of the 4-hour Bollinger Bands and the lower boundary of the previous consolidation zone. The price faced resistance at this level and pulled back, forming a clear "double top" pattern, indicating that the bullish momentum is waning and the bearish strength is strong.

Tonight's trading suggestion: Short Bitcoin near 71,000 with a target around 69,500. #Gate13周年全球庆典