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BTC short-term can basically confirm that it has peaked!
Currently, the top structure has formed, the daily line eight consecutive positive days have completely ended, the price is firmly suppressed by the trendline, there is huge selling pressure above, and bullish momentum is continuously weakening. Any subsequent rebound is likely a bull trap.
There are mainly two possible scenarios for bull traps:
The first is a composite head-and-shoulders top, where the left shoulder has completed two waves of pullback, the first wave of the right shoulder has also ended, and if the small-level rebounds again, it will similarly follow two waves, with the high point likely falling around 75,000;
The second is a relatively strong bull trap trap, where the price retraces close to the previous high and then constructs a double top or M top, followed by a decline.
Although the current small-level has a rebound requirement, it is clearly rising on no volume, with clear bull trap signals.
In terms of operations, continue to closely monitor the 75,000-75,500 range, and once it reaches that level, you can set up short positions. #Gate广场AI测评官