The market analysis of Bitcoin ($BTC ) is as follows:

1. **The importance of $69,000**: The position of $69,000 is more critical than $72,000 because it is the last line of defense before the breakthrough. Yesterday, the closing price of $BTC was $68,400, and the highest reached $68,958. This price range has triggered a large number of short-order stops. If the market really wants to turn long and hit the $70,000 mark, it should theoretically use the momentum of these short-order stops. Last night, it was directly pulled up to $70,000 and closed at $70,000, adding momentum to the market next week. However, the price hovered around $68,800 for several hours, showing obvious signs of shipment.

2. **Air Force Strategy**: At the $69,000 level, bears may not continue to increase their positions for the time being, but are waiting for the $72,000 and $73,000 levels, where there are more short orders. As prices rise, the cost of breaking through these resistance levels will also increase. It remains to be seen whether the main force will choose to eat up these short orders or let them trade.

3. **Operational Suggestions**: It is appropriate to short near $68,800. If $BTC officially breaks through $70,000, stop loss should be considered. It is more inclined that the market will have an opportunity to adjust and fall before the election.

4. **Short Strategy**: You can short in batches in the range of $68,600 to $69,200. If the daily real price breaks through $70,500, you should stop loss. The stop-profit target can be $66,500, $65,200, or even $60,000.