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Bitcoin surged violently as expected to 78,330, perfectly realizing the profit for the bulls.
At the same time, I also reminded in advance: the sharper the rise, the greater the risk of a pullback. After a huge surge, a big drop is inevitable. Do not chase longs at high levels and hold positions recklessly.
Now, the trend fully confirms the prediction, with a peak at 78,330 followed by a steady decline back to around 75,000, with a clear downward rhythm.
From squeezing out longs to predicting the top and fall back, the bullish and bearish rhythm has been well managed throughout.
The market's prosperity is bound to decline; only by not following the crowd and understanding risk control can you stay ahead.
After this wave of correction, the strategy remains unchanged: continue to rebound and short.