BTC is fluctuating around 70K. Where is this position? It's the area that oscillated before the first peak. Wasn't there a similar situation in the previous round? Yes, there was a similar situation after the first dip following the second peak, with a wick followed by oscillation at a similar level. What happened next? It then consolidated at this level for quite a while, rebounded, and then retested the level. Subsequently, the bottom following the 2021 bull market appeared.