Big Cake BTC

Yesterday’s market moved extremely strongly. After a high in the early session, it continued to trade sideways at high levels, and the pullback had particularly weak follow-through—only about 500 points of movement.

The market has kept hovering at high levels, and many people’s mindset can’t stay steady. They can’t help but chase longs, all waiting for a breakout above 80,000.
As a result, when price reached the 79,500 area, it faced pressure and fell back immediately, while our side had short positions precisely laid out—the timing was just right.

Putting aside short-term small fluctuations, and based on the market structure and market sentiment,
this round of rebound for Big Cake still hasn’t finished.

Right now, the market’s key “guillotine” has not yet dropped, and the gap hasn’t been fully filled either. There is still upside room above, and the bigger picture remains a bull trend.

But! I firmly do not recommend chasing the rally blindly—forcing your way onto the train at high levels has extremely low cost-effectiveness, with risk maxed out.

The trading idea at the moment is very simple:

The short positions near 79,500, reduce some holdings, continue to hold, and look for a drop;

Wait patiently for the market to pull back. Then go long again in the key support area 76,300-75,800. #比特币反弹 $BTC