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Currently, the structure is in a weak consolidation within a strong upward trend, with the main focus still on whether the recent consolidation can form a shoulder and head pattern, further leading to a continuation of a second breakdown. The key point to watch is still the gap at the 77,000 level above; after the US stock market opened tonight, it still hasn't filled the gap further. There is still a possibility of an upward spike in the future, but the larger cycle has also been discussed recently—such structures tend to see decreasing volume in a bullish trend. The current trading approach should mainly focus on shorting from higher levels. At the current position, it’s advisable to enter with a light position.
In the early morning, it is recommended to short Bitcoin at 77,300-76,700, targeting 74,500-73,800. Altcoins can be shorted at 2,350-2,330, targeting 2,280-2,250.