Shu Qin, things are not looking good! Has Bitcoin already reached its limit? The 76k support level was easily broken, is a big drop starting? Come and take a look.

1. The market is showing signs of fatigue, and the previous logic no longer holds. It was previously positive for the US and Iran—> oil prices decreased—> Bitcoin rose, but this narrative is collapsing. Today, crude oil dropped again, but Bitcoin didn't rise; it fell instead. What's going on?
2. Clearly, the capital flow can no longer keep up with the narrative! The US stock market has ample funds and is still breaking previous highs, but Bitcoin is obviously much weaker. If the US stocks undergo a normal correction later, Bitcoin could easily fall to the 72k support level or even lower.
3. Therefore, we can now confirm that the recent rebound is just a natural correction after a sharp decline; it is not the prelude to a second rally. Don’t confuse the two.
4. As shown in the chart, our strategy is to short on rallies. The rebound is an opportunity to establish short positions. Enter at resistance levels of 78k and 79k. Yesterday, the market tested the 78k level twice. With two tests at 78,000, I believe everyone who placed orders must have gone short, and the gains are good~
5. For those who haven't shorted yet, there's no need to rush. The US-Iran talks might still have a chance to come to fruition, so just keep your orders open. When the opportunity comes, act immediately. I’ve also shorted crude oil on rallies, maybe Trump will cause some trouble again to push oil prices up, and we’ll be ready to enter. No hesitation—got it?