After a decline yesterday, Bitcoin is currently fluctuating in a narrow range around 1060, with trading volume continuing to shrink, and the market is clearly bearish.

From a technical perspective, there is a high probability of continued weakness in the short term, with 1045 remaining a key support level. If this level is lost, a new round of downward movement may begin.

Although the bears currently dominate, we must be cautious of the possibility of oversold rebounds indicated by indicators like KDJ.

If a bullish divergence signal occurs, a temporary upward move towards the resistance level of 1071 cannot be ruled out.

However, until there is an effective breakout of this resistance level, the overall trend should still be treated as bearish.

In terms of trading: Bitcoin should be lightly positioned for short positions around 1062-1057, with a target towards 1045#币圈 .