Bitcoin is oscillating narrowly in the 71000-71100 range in the early morning, currently trading at 71000, overall in a pullback consolidation phase after the surge, 15-minute level bullish momentum is weakening somewhat, short-term enters a direction selection window.
15-minute level price is trading close to the mid-band, upper band has turned downward, short-term has demand to re-test the lower band, death cross signal is beginning to appear, bearish sentiment is gradually warming.
If it breaks below 70800 mid-band support, it will confirm that short-term correction has started, 70000 below
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