$BTC Currently around 70,864 USDT. Already down -1.57% today.

I'm more concerned about whether there's a chance to buy back at this level.
In the short term, I still lean towards bearish. $BTC

Right now, I mainly look at these factors:
First, the continuation after a rally is generally average, chasing longs often ends up in an awkward position.
Second, divergence at high levels is starting to widen, making it more likely to see a shakeout in the short term.
Additionally, the order book shows some signs of stagnation, continuing to chase aggressively isn't worth it.

For these kinds of levels, I usually handle it this way:
Top sweep high, waterfall short / rebound诱多 followed by a second waterfall short / break support to chase short.
More comfortable entry point: 71,212 USDT
Estimated target price: 66,973 USDT
Defense level reference: 72,908 USDT
Premise for invalidating this judgment: 5-minute close above resistance / 15-minute close above the sweep high.
Risk-reward ratio reference: 2.50R

At such times, the most feared is the itch to trade; waiting for a clearer signal makes it easier to act.