$BTC Yesterday, BTC's continuous consolidation forming a triangle convergence pattern has successfully broken out, and at the four-hour level, the price has also successfully broken free from the previously long-standing downtrend channel. Short-term bullish sentiment has clearly warmed up, but caution is advised as the bullish trend may continue.

In the short term, focus on the resistance zone of 775-779, which is the first key resistance level on the current rebound path. Only if the price can effectively hold above this zone can bullish momentum be further unleashed, giving the market a chance to test the previous high.
Previously positioned high-level short positions can be gradually reduced and taken profit on during this rebound, avoiding stubbornly holding on. Patience is key; wait until the price reaches the critical resistance level again and shows signs of resistance before considering a second entry to short, which is more prudent.
For traders looking to play the long side in the short term, they can wait for the price to pull back to the support zone of 760-765 and stabilize before entering with a small position. Be sure to set reasonable stop-loss points in advance to avoid the risks of repeated oscillations and pullbacks.
Overall, this is only a phase of rebound correction. The weekly chart has formed a bearish engulfing pattern at a relatively high position, which has not completely reversed the overall long-term trend. Maintain a flexible approach in trading, avoid blindly chasing highs, and rely on key support and resistance levels to precisely control entry timing, capturing profits in the trend. #RWA总市值突破650亿美元