Bitcoin short positions remain held...

My personal prediction is that BTC will continue to fluctuate within a broad range and consolidate in March! If the price attempts a third breakout above the 74,000 resistance level and ultimately fails, then this 60,000-74,000 oscillation will come to an end, and a new mid-term downtrend will begin, with the price very likely to break below 60,000 and head toward 40,000.

However, if the price rebounds to around 74,000 for the third time and successfully breaks above 74,000, then the next target for a rebound will be approximately 78,800. After that, BTC will form a top structure around 78,800, and then a new mid-term downtrend will start. Let's wait and see.