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Look at it yourself; the strategy idea given in the evening has been perfectly fulfilled.
The short- and medium-term distributions have all started, and the last high point of the bullish wave reaching above 77k has been completed. ✅
What should we do at this stage?
First, pass on chasing the rally; this wave of rise has directly wiped out two large consecutive liquidation zones, and there is a demand to fill the chip vacuum area around 75.6k downward.
Ps: This does not synchronize with Ethereum; a follow-up rally can still be expected!
Since Bitcoin has reached the medium-term target, which has been consistently indicated as the terminal top, the next focus is mainly on a pullback phase, with downward attraction definitely greater than upward.
Let me remind you again, although institutional holdings in the market are at high levels, they have already decreased by $6 billion, so even if a correction occurs, it won't happen that quickly, but it's not far off.
Whether it crashes violently or not, put that aside for now; the first short-term target is around 76k!
#以太坊eth