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Today, Bitcoin experienced a rollercoaster pattern of initial rally followed by decline, with the bulls once reaching a high near 81,270. The rebound seemed strong at first, but the subsequent momentum was clearly lacking, and the upward push continued to weaken, never effectively stabilizing in the high zone. As bullish sentiment rapidly faded, the market turned downward, and prices fell all the way back, with a low near 78,713, forming a wide-range fluctuation of nearly 2,500 points during the day, showing a typical pattern of sharp rise followed by fall, with quick shifts between bulls and bears.
In the intraday review: Although the market initially showed a bullish rebound expectation, and we considered following the trend to go long, the rebound strength remained weak, and bullish momentum was significantly below expectations, not meeting our criteria for a long entry, so we decisively abandoned our original long plan.
After confirming that the bulls could not sustain their strength and the reversal signals were clear, we promptly adjusted our strategy, guiding students to enter short positions around 79,713, and ultimately exited near 78,762, successfully capturing nearly 1,000 points of profit.
The core of this operation is not to stick to a single direction or be bound by fixed thinking, but to flexibly adjust strategies based on market changes. When a clear downtrend emerges, follow the trend, and ultimately secure profits from the decline.
The market never has a fixed direction; only those who understand how to adapt flexibly can steadily seize their own profits in ever-changing conditions.
In the evening, Bitcoin continued the intraday pattern of rising then falling, with prices weakening steadily from around 80,300, reaching a low near 78,713. After showing clear signs of stabilization at the low, the market entered a consolidation phase around 79,100. The downward momentum in this wave has significantly weakened at the low levels: as prices fell from 80,300 to 78,713, the candlestick bodies gradually narrowed, and the downward force continued to diminish. A short-term support was formed near 78,700, preventing new lows, indicating that the selling pressure has been partially released, laying a foundation for a technical rebound.
Meanwhile, after the rapid short-term decline, related indicators entered oversold zones, combined with small bullish reversal candles appearing consecutively at low levels, signaling that bulls are attempting to rebound, perfectly aligning with our “bottoming out and light long positions” entry logic.
Trading suggestions:
Buy near 78,800-78,500, targeting around 80,100-81,500
Ethereum buy near 2,230-2,215, targeting around 2,300-2,350
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