After the fluctuations yesterday, Bitcoin is currently trading in a narrow range around 1060, with trading volume continuously shrinking, indicating a clear bearish sentiment.

From a technical perspective, the likelihood of continued weakness in the short term is high, with 1045 still being a key support level. Once this level is lost, a new round of decline may begin.

Although bears currently dominate, caution is warranted for the possibility of oversold rebounds indicated by indicators like KDJ. If a bottom divergence signal appears, a temporary rise to the resistance level of 1071 cannot be ruled out.

However, before effectively breaking through this resistance level, the overall trend should still be treated as bearish.

In terms of strategy, consider lightly positioning short positions near 1062-1057, targeting 1045.