Bitcoin first forms a triple top intraday, gets pressured around 79,500, and pulls back, completing a sweep to lure in shorts. Then it rebounds to around 80,590, trapping those who chased shorts in the morning—liquidations happen. After pushing up toward 80,500, it starts another pullback; its low is near 78,100, trapping those who chased longs again… back and forth, washing them out—cleansing and making things healthier…

Intraday, take 78,500 and 80,000 to short from the higher side. For Ethereum, take 2,320 and 2,370 to short from the higher side. At the moment, positions have not yet been freed from being trapped; even if there’s some profit, it’s negligible, so you still need to keep waiting. If it can’t hold the 80,000 level, the market is still likely to pull back. For certain levels, you can’t chase the rally—either go to the left side to guess the top and short, or just observe first. Don’t chase the rally or sell in panic! Bitcoin breaks through $80K$BTC ‌#Gate广场五月交易分享