Though late, it has arrived. The price first fell below 80,000, then 79,000, and 78,000, creating a new low of 77,601 in this afternoon. The Bitcoin 4-hour Bollinger Bands lower band broke as expected, expanding downward. Last night, after the US stock market opened, it broke below the 80,000 support level, which is also the initial point where the momentum of the correction continued to be released. The recent strength of the correction tells me not to guess where its bottom is. #特朗普访华

Saturday, Bitcoin once again sharply declined, directly falling below 78,000. This market was already clearly emphasized last night—it's about shorting. The entry point we provided was close to the current price. Last night, we suggested shorting at 79,400. As expected, there was a rebound at 79,400 in the early morning. During the session, at this level, we directly advised students to short. We updated our strategy again, urging everyone to continue shorting. After a full night's sleep, it suddenly plummeted. Originally, the plan was to exit at 78,500, but the market clearly accelerated its breakdown. We directly advised students to hold their positions. Just now, after breaking below 78,000, all positions were closed for profit. Actually, since last night, we started shorting again, and in the evening, we suggested shorting at the current price. The thinking was already very clear—don't go all-in on longs, and don't be stubborn on shorts either. Instead, adjust according to market changes. From a technical perspective, the overall market is in a rapid reversal after profit-taking at high levels, with daily and weekly candles closing lower. Over the weekend, I expect further weak adjustments. The 4-hour chart shows a one-sided weak decline, with increasing volume during the acceleration. The short positions we reversed into yesterday and the openly suggested shorts last night, have gained profit as the market continues its one-way drop. Currently, the 4-hour chart shows a relatively weak trend, with a short-term weak, one-sided downward movement. After consolidating and gathering strength, the short-term remains to be a rebound followed by shorting, and over the weekend, continue to look for breakdowns to lower levels. For Saturday's short-term, I personally suggest being more aggressive—short at any point. For those waiting for specific levels, consider shorting around 78,500-79,000. Target near 77,000. #Gate广场五月交易分享

The current price spread has fallen from the previous high of 82,828 by 5,000 points to the low of 77,850. You can watch the 78,000 level as well—this is also a key point where the prior spike topped out and then stabilized. Meanwhile, as the price spread continues to fluctuate above 82,000 on multiple subsequent attempts, the highs have been consistently shifting lower, which also suggests that the probability of a turning point is gradually rising. Now, on the “big cake” 1-hour timeframe, after the early-morning price spread saw a brief small rebound and a repair, this afternoon the “kōngtóu” is again affected by news, and momentum has continued to grow. It is currently at the key support level of 78,000. A break below this level also means that more downside room will open up. Once market sentiment again triggers panic selling, there will be a large pullback—so the next thing to watch is 70,000. “Yi-tai” had also said before that the overall momentum of the “kōngtóu” is stronger than the “duōtóu.” The 2,200 support will be difficult to hold; in the afternoon, it also quickly broke below support along with the “big cake,” and 2,000 seems not far off. There’s no need to act immediately in the future. Just watch whether this key level confirms support, or whether it’s a valid breakdown that opens up further downward space. #CLARITY法案参议院通关