Dreams, it's time to wake up...

The 83k Bitcoin seems like a fleeting illusion; at that time, he was full of confidence, unstoppable, as if BTC was heading toward a sky-high road, directly to 120k.
But dreams will eventually wake us up. Now it has fallen to 76k. Will it continue to drop? Where can we buy the dip?
1. I think the opportunity has arrived. BTC has dropped 7,000 points since 83k, and is now approaching the short-term support near 76.3k. This is a good signal. I would consider a rebound above this level, likely around 2,000 points.
2. When Bitcoin was falling before, Shuqin kept everyone from doing a rebound, including not encouraging long positions even when it dropped to 78k, only taking profits on short positions, because it hadn't hit a strong resistance before, until around 76.3k. The risk is controllable; a slight dip below can be stopped out, and the rebound upward could have about 2,000 points of space.
3. Will 76k be the final bottom? I think it might be more than that. If the US stocks also pull back, it could go to the next support at 72k. But let's not think too far ahead for now. Focus on this 76k level first. Whether the trend reverses later will depend on momentum, oversold conditions, and whether US stocks can break new highs, and we will make a comprehensive judgment accordingly.
4. The current market is starting to bottom out as expected. No need to rush if you missed the previous opportunity; it often tests the lows twice. When the time comes, you can open positions again. As shown in the chart, besides the signals from the member group, we also discussed in the public group on Saturday to go long at the 76,300 support level. I believe everyone saw that.
5. Overall, shorting at the major resistance of 83k was very painful, but the returns were exceptionally generous, justifying our decisiveness and perseverance. But now the market has already dropped 7,000 points. I will consider a rebound, hoping everything goes smoothly. Let's keep our operations steady. (Shuqin)