Bitcoin's resistance level has been decreasing from 904 down to around 880. Recently, the market has been oscillating within this range, struggling to break through the 880 barrier effectively. Several traders have already positioned short orders at this level, observing whether a breakout can be confirmed. It is worth noting that the overall liquidity in the crypto market is also continuously deteriorating, dropping from the 800 level down to 600, then to 400, with a stepwise liquidity depletion issue becoming increasingly prominent. In the short term, for BTC to make a breakthrough, market sentiment needs to warm up and the funding environment must improve.