Still posting another article to supplement the parts about the daytime market that weren't mentioned, based on all my recent thoughts on Bitcoin. After posting this, I won't update until the big drop, because constantly hyping it up is annoying, and people will ask, "You've been saying this for so long, why hasn't it dropped yet?" Overall, although my short positions haven't been perfectly smooth recently, they are still profitable. It's just that Bitcoin has been quite stubborn lately. In ten days, half a month, or even a month, you'll see how attractive the current short positions are. Now I even want to rename the square to "Empty Dog Two Thousand Brother."

Let's get straight to the point. First, the upper band of the bear flag channel is now at 78,500. The daily Vegas channel has reached 78,800-80,800. The CME gap mentioned in the morning is at 77,500. Combining the mystical difficulty of breaking through integer key levels, plus the terrifying negative funding rates, considering all these factors, there's a high probability of another upward wave to trap people, with a blow-off top and a trap for longs. So, the range is set: short in parts within 77,500-79,500, with a stop loss at 80k. If we consider harvesting the last liquidity at the integer level, then placing the stop loss at 80,500 is more prudent. If it breaks that stop loss, just surrender. Why have I been repeatedly emphasizing volume lately? Those who understand, get it; those who don't, explaining a thousand times won't help. Volume is the most important thing in this market, directly reflecting the intentions of the big players. If it really breaks 80,500, then the next short position would only be in the 82,000-83,000 range. If it confirms a breakout, we’ll talk about it then. $BTC