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If BTC rebounds to the blue circle price level shown in the chart below within the next few days, around 71,000, and cannot continue to rise further, then it is a strong entry point to short BTC aggressively.
If BTC can rebound to a higher level within the next few days, specifically near the 0.618 Fibonacci retracement level around 74,500, and still fails to push higher, then it is an even better opportunity to heavily short BTC.
This wave of the weekly fourth wave rebound is nearing its end. I even believe it has already concluded, and the downward fifth wave trend has begun. In the coming days, more confirmation and validation signals will emerge.
Follow Moyan and focus on futures and spot layering strategies. The team still has positions available—get on board quickly #币 $BTC