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Right now, BTC is slowly consolidating upwards, gradually raising the bottom: 60,000 → 63,000 → 65,500, and the top has also moved from 71,000 to 74,000.
Based on this trend, it’s very likely to push again and reach around 77,500. But everyone must remember: the real big market rally is usually built through downward consolidation; this narrow upward sideways movement is actually a bearish signal, and a big drop could follow.
This current pattern, to put it simply, is a downward correction that hasn't finished yet. We always aim for stability in trading, entering and exiting in batches. This time, I’m shorting in two phases: first short near the previous high of 74,000, where resistance is strong, and at worst, it can absorb a pullback; then add to the short around 77,500 to catch the main decline. This market is truly a money-making opportunity right now.
Previously, when shorting at 74,000, most of the positions were closed for profit above 67,000 and 65,000, and profits are secured. Now it’s bouncing back again—doesn’t that mean a second shorting opportunity? A freebie opportunity.
I’ve already set some small short positions just above 70,000, with a very light position, so there’s no problem. The key levels to watch are two: 74,000 and 77,500. These two super strong resistance levels must be seized. $BTC