It's out, it's out, this time shorting made a fortune! Bitcoin suddenly dropped 2000 points, will it continue to fall? Hurry and take a look.

1. I think today's sudden drop is just a prelude to a storm. Many indicators for BTC are already approaching the top, and this breakout above the previous high should have soared to the sky, but the result was a sudden flash crash, clearly showing that the market makers are luring longs. So what should we do now?
2. Currently, it seems that BTC is not far from a significant correction. As shown in the chart, once this upward trend line breaks, Bitcoin will fall very quickly, and the correction will not be small. It has already risen for a month, with an increase of nearly 25%.
3. The only belief for the bulls now is the ceasefire between the US and Iran; they don't want to exit the market, but most of the good news from the ceasefire has already been priced in by the market. The recent rise over the past few weeks was just an early realization of this good news. When the ceasefire actually happens, there might be a slight rally, but then the good news will be exhausted, and a large correction will begin. The saying goes, buy the rumor, sell the news.
4. My personal strategy is to go short on rallies, placing shorts near the previous high of around 79,000, and also at the next resistance of 81,000. It might not reach there, but being prepared is better than not. Fully respecting potential positives like the US-Iran ceasefire, a correction is only a matter of time. To be conservative, even if the bull market truly arrives, after a 25% rise, it will need to retest the support before continuing.
5. So last night, I advised everyone to go short, placing shorts near the previous high of 79,000, as everyone saw. Then, as shown in the chart, I also placed a 100,000 USD short order, and overnight, I made a big profit. Opportunities always favor those who are prepared. Whether long-term or short-term, we operate daily~$BTC ‌#比特币突破7.9万美元