Morning Analysis

Bitcoin's morning high remains under pressure and fluctuates, with bullish momentum continuously weakening. Each rebound lacks sustained strength, forming a standard trap to induce buying and shake out traders.

The market's highs keep declining, rebound strength gradually weakens, and overhead selling pressure is extremely heavy. Retail traders inside the market are highly optimistic about buying, while the main players are taking the opportunity to sell in batches at high levels, continuously distributing chips, and the bearish momentum continues to accumulate.

In terms of operation, the overall strategy mainly adheres to shorting on rebounds. The best shorting entry points are around 76,500–77,000, where rebounds are most suitable for shorting. If the market's rebound is weak and faces downward pressure, you can directly follow the trend to short, seize the bearish retracement, and target 74,000.
The second Bitcoin (altcoin) is similar, with the optimal entry zone between 2,100–2,130. If the rebound strength is limited, short in batches along the trend, with a target $BTC down to 2,000.