Bitcoin yesterday during the white session fluctuated narrowly between 70,000 and 71,500 USD. In the evening, influenced by news and capital outflows, it directly broke through the 70,000 level, with a low of 67,745 USD, and a high retreat of nearly 6,000 points. Subsequently, it traded weakly around 68,000, with no strength for a rebound and clear resistance. The moving averages are in a bearish arrangement, and the structure is biased bearish, indicating that the overall remains in a weak zone dominated by a downtrend. Coupled with the light liquidity over the weekend, it is expected that the short-term will mainly be a correction with oscillation. After the correction, the probability of continuing downward and testing support again is higher.