The trend turning point has appeared | 81,900 long-term short positions are legendary, and every rebound is a good opportunity to buy!

Song Jinan
The May monthly chart is about to close, how did we do this month? Let’s briefly review the ideas:
1. Cycle setting: The main trend of the monthly chart is bearish, and bottoming and oscillation are only a relay
Bitcoin broke down from the double top structure at 82,810, and the bullish trend on the monthly level has been completely ended, officially starting the main bearish wave. Jinan precisely positioned long-term short positions at 81,900, hitting the trend turning point accurately, and smoothly harvesting nearly ten thousand points of wave profits.
At the same time, Jinan repeatedly emphasizes the core trading rule: in this round of decline, any rebound is an excellent opportunity to get on the short side. It is also based on this idea that we have repeatedly gained standard wave profits of 2,000–3,000 points, validating the effectiveness of trend trading through practical experience.
Currently, the price retraces to the MA89 long-term moving average + the 72,477 stage low point for double support, entering the bottom consolidation phase of the downtrend. The US stock S&P weekly chart shows nine consecutive bullish days with strong recovery risks, while Bitcoin usually completes its trend reversal ahead of US stocks. The 72k range is only a phase of consolidation; as US stocks enter technical correction, the second wave of bearish decline may restart.
2. Core attack and defense key levels | Precisely anchor the dividing line between bulls and bears
Bullish defense support
First strong support: 72,000–72,477, the bottom structure anchor point of this decline, suitable only for short-term oversold rebound attempts
Ultimate trend bottom line: 70,000 integer level, once effectively broken, the monthly bearish space will be fully opened
Bearish suppression resistance
Short-term resistance: 74,500, Bollinger middle band + MA20 moving average resonance pressure, first take-profit exit point on rebound
Main battlefield for trend shorts: 75,500–76,000, the concentrated area of trapped positions, the golden window for short entries
Ultimate head pressure: 78,000–82,000, the starting zone of this decline, also the trend entry zone for Jinan’s long-term shorts.
3. Advanced trading execution strategies | Follow the trend, prioritize risk control
Major funds have already escaped above 80k in advance to avoid macro risks from US stocks. Currently, the market’s bulls and bears are in a weak equilibrium, and oscillation and shakeout are preparing for subsequent momentum.
1. Trend bearish layout (main position): Strictly follow the core logic of “short on rebound,” and when prices rebound to the 74,500–76,000 resistance zone, gradually establish short positions, with the first target at 72,000 support, and if broken, then aim for 70,000, replicating the 2,000–3,000 point standard wave gains;
2. Short-term rebound attempt (light position arbitrage): Only trade small positions in the 72,000–72,500 support zone to gamble on rebounds, and decisively take profits at the 74,500 resistance level, never holding long-term bullish positions;
3. Top-level risk control rule: Reject heavy positions on the monthly cycle, using key support/resistance as profit and loss anchors, avoiding subjective guesses of trend reversals, always respecting the market, and trading with $BTC the trend!