Yesterday morning, support was clearly evident around 74,000. It was judged that the market had the potential for a rebound, with an expected range of 75,500–76,000. The actual bullish continuation was slightly extended by about 500 points, which is normal fluctuation. Deviations in the structural basis within 300 points are not a big deal. I repeatedly emphasized that the key level of 75,800 has been effectively broken. Currently, the market is experiencing significant shakeout efforts, still creating a false impression of an upward surge to interfere with judgment. After 8 a.m., the quote was near 76,100. The clear strategy is to mainly short and participate in the trend for optimization. Lightly open short positions near 76,100, add to shorts on rebounds to 76,300–76,500, with a stop loss at 76,800 to stand firm and exit. Targets are sequentially 75,000–75,300, 74,000–74,300, and 73,000–73,500. Control total position size at 30–40%, enter in batches, strictly stop-loss, and avoid holding positions overnight. Losing 75,800 means a short-term turn to bearish. The current rebound is only a short opportunity, not a bullish reversal signal. $BTC

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Web3Veteran
· 8h ago
Watan Tan🐧
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