Today’s Bitcoin broke through 80k, which is a positive sign!

First, we started from the bottom at 60k, and many times we held on and watched the 76k-78,000-80k range.

Second, it tested the 79.5k resistance twice and pulled back, with a slight retracement down to around 74.8k.

Finally, this wave of breaking through 80k during the May Day holiday, honestly, exceeded many people's expectations. Slow rise, sideways consolidation, breakthrough, with a gain of over 5,000 points and no significant pullback, it can be said that this wave has once again pressed the head of the market to the ground...

Yingjie has emphasized that during weekends and holidays, the main strategy is to buy dips, but holding short positions makes one feel helpless, just like those trapped in positions missing a good opportunity, leading to this short-term wave being very passive.

But luckily, today’s sharp decline has allowed us to avenge ourselves, and we stood up directly!

As for the follow-up, we will continue to buy dips on dips; the 76,000 level below is the recent dividing line for long positions. The future target is looking at the 82,000-85k range. I have discussed this range internally with many students, so I will continue to stick to my current approach.

If this mid-term trend reaches this level, I will adjust my strategy to focus on short positions. $BTC