#BTC Bitcoin experienced intense volatility today, quickly rebounding to around 71,000 and recovering all of the previous day's losses in the short term. The overall trend is relatively strong, but both technical and sentiment indicators suggest short-term fluctuations and the risk of a pullback. Contract trading should pay attention to position sizing and stop-loss management.

I personally favor going long; a pullback is an opportunity. Short positions can also be considered, but be sure to set proper stop-losses. The following key levels from my analysis can serve as references. Investment involves risks; profits and losses are your own responsibility.

Short position level: 73,600 (strictly implement stop-losses, control according to your own position)

Long position levels: 1️⃣ Around 69,388 (short-term trading)
2️⃣ Around 62,000 (can place orders and wait)

For those planning to trade, control your position size based on your capital. When in profit (around 500 points), reduce your position and prepare for defensive adjustments to maintain a solid core position.