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On Friday, the entire market was bearish, only I clearly told everyone that this was a short squeeze, firmly turning to a bullish stance.
The market also followed the forecast perfectly, with Bitcoin surging violently all the way up, directly reaching the high of 78,330, fully realizing the bullish momentum.
At the same time, I also warned in advance that the more intense this rally, the greater the risk of a subsequent pullback and decline; after a sharp rise, a big drop is inevitable. In the short term, you can follow the bulls to make gains, but absolutely do not chase longs at high levels or hold onto long positions stubbornly. Once the bullish sentiment is exhausted, a deep correction will definitely follow.
Now, the trend fully confirms the prediction.
After peaking at 78,330, the price entered a continuous sideways decline, falling back to around 75,000, with no signs of a decent rebound, and the downward momentum steadily continued.
Preemptively seeing through the short squeeze, precisely catching the bull top, and predicting the top and subsequent decline early—completely grasping the rhythm of bulls and bears from start to finish.
The rise and fall are always cyclical; prosperity inevitably declines. Never follow the market sentiment blindly when it’s one-sided. Understand the trend in advance, keep reserves, and implement good risk control to stay ahead of the market.
After this deep correction, my outlook remains unchanged: continue to short on rebounds! #Gate13周年现场直击 $BTC $ETH