$BTC BTC major cycle downtrend + wedge consolidation structure suppression, this round of decline has not reached bottom, 60,000 is likely not the final low point. Short-term 71,200 is the key support/resistance level between bulls and bears, 71,000–72,000 is the core resistance for shorting. Before a breakthrough, the focus is on selling at highs. At this stage, basically all breakthrough attempts are false breakouts.