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$BTC This morning, we shared our short-selling outlook. As expected, the market moved lower within the downside space we identified. In line with the trend, we placed short orders at 80,000, with a target of 79,000, and we signaled to exit around 79,300—capturing a 700-point gain. Life is never smooth sailing. There will be lows, confusion, exhaustion, and moments when you want to give up. But remember: a low point is the starting point for a comeback, and confusion is the prelude to transformation. Don’t deny yourself because of a temporary setback. Don’t let other people’s pace throw you off. Stay steady, cultivate your craft quietly, and endure loneliness—you’ll be able to hold on to prosperity.
From today’s chart, the weak pattern remains unchanged. After an early rebound that reached around 80,500, it met resistance and then pulled back. In a weak market, rebounds are unlikely to achieve a second breakthrough above the prior suppression—meaning 80,500 is the key intraday resistance level. Whether, in the afternoon, the price can break below yesterday’s low of 79,000 is the crucial turning point that will determine today’s intraday direction. If the 79,000 support is effectively broken in the afternoon, bearish momentum during the U.S. session will be released further, and the market will most likely continue the downward trend. If it fails to break the level, then it will move into a phase of low-range consolidation and oscillation. For execution, continue to place short positions based on the midday rebound, closely watch the area around 79,000, and use this as the core reference for the evening market setup. Overall, keep the same trend-following bearish bias.
Friday afternoon strategy for “big cake”: short near 79,800–80,300, target 78,500; Friday afternoon strategy for “small cake”: short near 2,280–2,300, target 2,230.