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7.3 BTC Night Thoughts: The bearish view remains unchanged, mainly shorting at higher levels
Core logic: The oversold rebound is nearing its end, and the broader downtrend remains unchanged. Before the Non-Farm payroll data, it is likely to keep trading in a range; any push higher is a chance to short.
Technical picture: The 4-hour chart rebound is approaching a resistance level; momentum is weakening, with no reversal signals, and overhead pressure is clearly evident.
Trading strategy:
Go short near 61500 - 62300; downside targets: 59000 58300. If it breaks through, continue to look at 57000$BTC