2026.4.26 Big Bull Today Silk Road

Last night, the price first took a quick spike down to 76,900, then pulled back to 78,000 within 10 minutes—this is a typical contract washout + a strong market maker propping up the market

The conclusion is very clear: it’s not a move to turn bearish and go short; it’s a shakeout + forcing a short squeeze
A single sharp downward jab: liquidation at a fixed target (knocking out leveraged long positions around 77,000–77,500, hitting stop-losses)
Fast recovery: the main force doesn’t lose its “chips,” and doesn’t let retail investors catch at low levels—showing the long-side main force hasn’t left
In terms of the chart pattern: long lower wicks, the bottom keeps lifting, and the daily bullish structure remains intact

Today’s Silk Road: don’t chase longs around 78,000. This is the consolidation mid-range. If you chase, it’s easy to get “smashed again” and have your stop-loss swept. After the pullback to 77,000–77,500 stabilizes, then you can look to add longs. Targets first look to 78,500–78,800; if it breaks through, then look at 79,400–80,000, with a stop-loss placed below 76,500

Near the current price around 78,000–78,500, short positions can be lightly tested with a small size; stop-loss at 78,500. High-level consolidation—strictly control position size and stop-loss $BTC ‌ ‌#