5.23

Current price: around 74,900

I. Review of historical operations

The four-hour overall bearish trend continues, and the shorting range of 77,600–78,600 given yesterday has been precisely realized, with the target of 75,600 already achieved and profit taken, confirming the bearish logic.

After the current price decline, it enters a technical correction, showing short-term signs of stabilization, but the overall major trend remains bearish. The rebound is only defined as a corrective bounce within the downtrend, not a reversal.

II. Key zone analysis

- Resistance zone: 76,000 — 77,500
This zone is the core shorting area for this rebound, suitable for grid bot deployment or phased short entries.
- Left-side trading reminder:
If entering short directly around 76,000, be sure to act quickly and exit quickly, as the price may still fluctuate with upward spikes. Left-side trading carries higher risk. The optimal approach is to wait for the price to rebound into the resistance zone before entering in batches.

III. Today's execution strategy

Core idea: primarily short on rebounds

1. Entry method: Short in stages or initiate grid trading when the price rebounds to the 76,000–77,500 range.
2. Next core target: 72,500
This level is the ultimate target for the wave short, not necessarily reached in one go. Multiple short entries can be made on rebounds, gradually approaching the target.