Bitcoin started accelerating its decline from Friday evening, and the news impact remains relatively strong. Bitcoin dropped from the 81,200 area directly back down to below today’s 78,000. Since Friday evening, it has turned around and started shorting—first shorting from 80,400 to the 79,000 area to capture more than 1,000 points. Later in the evening, the whole network publicly posted two more warnings to short around 79,400, gaining more than 1,000 points each time. Today, we even advised everyone to short at any point; as of now, they are basically in floating profit. This is exactly the importance of acting in line with the trend in a one-way market. Price levels are basically not important—if you’re bold enough to do it, the problem is generally not big. From the current technical structure, after a long period of back-and-forth consolidation under pressure, the market has moved into a weak downward direction. With the daily chart shaking and moving lower, the short-term chart structure has turned weak. It is now further continuing this corrective wave, and after the consolidation there are weak signs on the short-term. With the 4-hour chart in alignment with long-term sideways consolidation, today it once again broke the low to move downward. The dual moving averages form a dead cross pointing downward, creating suppression. The short-term bears are weakening, forming a relatively weak one-way trend. Continue to follow the shorts tonight. On Saturday night, my personal advice is: if you have shorts, continue holding them; if you are flat, keep an eye on the 78,200–78,700 area to continue shorting, and the target is just around the 76,500 area. #Gate广场五月交易分享

Saturday, Bitcoin once again sharply declined, directly falling below 78,000. This market was already clearly emphasized last night—it's about shorting. The entry point we provided was close to the current price. Last night, we suggested shorting at 79,400. As expected, there was a rebound at 79,400 in the early morning. During the session, at this level, we directly advised students to short. We updated our strategy again, urging everyone to continue shorting. After a full night's sleep, it suddenly plummeted. Originally, the plan was to exit at 78,500, but the market clearly accelerated its breakdown. We directly advised students to hold their positions. Just now, after breaking below 78,000, all positions were closed for profit. Actually, since last night, we started shorting again, and in the evening, we suggested shorting at the current price. The thinking was already very clear—don't go all-in on longs, and don't be stubborn on shorts either. Instead, adjust according to market changes. From a technical perspective, the overall market is in a rapid reversal after profit-taking at high levels, with daily and weekly candles closing lower. Over the weekend, I expect further weak adjustments. The 4-hour chart shows a one-sided weak decline, with increasing volume during the acceleration. The short positions we reversed into yesterday and the openly suggested shorts last night, have gained profit as the market continues its one-way drop. Currently, the 4-hour chart shows a relatively weak trend, with a short-term weak, one-sided downward movement. After consolidating and gathering strength, the short-term remains to be a rebound followed by shorting, and over the weekend, continue to look for breakdowns to lower levels. For Saturday's short-term, I personally suggest being more aggressive—short at any point. For those waiting for specific levels, consider shorting around 78,500-79,000. Target near 77,000. #Gate广场五月交易分享

The current price spread has fallen from the previous high of 82,828 by 5,000 points to the low of 77,850. You can watch the 78,000 level as well—this is also a key point where the prior spike topped out and then stabilized. Meanwhile, as the price spread continues to fluctuate above 82,000 on multiple subsequent attempts, the highs have been consistently shifting lower, which also suggests that the probability of a turning point is gradually rising. Now, on the “big cake” 1-hour timeframe, after the early-morning price spread saw a brief small rebound and a repair, this afternoon the “kōngtóu” is again affected by news, and momentum has continued to grow. It is currently at the key support level of 78,000. A break below this level also means that more downside room will open up. Once market sentiment again triggers panic selling, there will be a large pullback—so the next thing to watch is 70,000. “Yi-tai” had also said before that the overall momentum of the “kōngtóu” is stronger than the “duōtóu.” The 2,200 support will be difficult to hold; in the afternoon, it also quickly broke below support along with the “big cake,” and 2,000 seems not far off. There’s no need to act immediately in the future. Just watch whether this key level confirms support, or whether it’s a valid breakdown that opens up further downward space. #CLARITY法案参议院通关