$BTC The current market trend is still viewed as a rebound from oversold conditions, with the key resistance level at 70,000. If this level cannot hold, the overall trend remains oscillating and relatively weak, with a continued bearish bias.

From a technical perspective, as long as BTC stays above 70,000, the weekly MACD is likely to form a bullish crossover at a low level. Coupled with a strong inverted T-shaped pattern on the monthly chart, which would mark the end of five consecutive monthly declines, this could boost market confidence. This combination is not just a simple continuation of a downtrend but more like a corrective rebound.

However, before these signals fully materialize, I won't easily change my stance. I'll stick to the original rhythm, mainly focusing on short-term high-level shorts. Long positions will be taken for swing trades only, not for a long-term layout. How it develops specifically will depend on the monthly close; at that point, the signals will be clearer.