【78000 Accurate hit, we reduced our positions in advance this time】
On April 17, we clearly stated: 78000 is a strong resistance zone for Bitcoin.
From the chart, we can see that it peaked at 78333 and then dropped directly, basically landing within the expected range; this wave can be considered an accurate hit.
It was also at this relatively high point that we promptly advised the community to reduce positions, directly cutting the overall position by half.
Looking back now, this action was still very critical—
upward momentum is weak, trading volume is insufficient, and high-level fluctuations are obvious, with risks slowly being released.
The current thought process is quite simple: do not chase highs, do not be aggressive, wait for a pullback first.
If a better position is given below, then consider re-entering the market to capture the next segment of more certain trends.
The market is always there, and opportunities will not come just once,
the key is—collect when it’s time to collect, wait when it’s time to wait.
Current short-term expected levels: 73000 USD and 70000 USD; if 70000 breaks, it's highly likely to go to 64000 USD.
On April 17, we clearly stated: 78000 is a strong resistance zone for Bitcoin.
From the chart, we can see that it peaked at 78333 and then dropped directly, basically landing within the expected range; this wave can be considered an accurate hit.
It was also at this relatively high point that we promptly advised the community to reduce positions, directly cutting the overall position by half.
Looking back now, this action was still very critical—
upward momentum is weak, trading volume is insufficient, and high-level fluctuations are obvious, with risks slowly being released.
The current thought process is quite simple: do not chase highs, do not be aggressive, wait for a pullback first.
If a better position is given below, then consider re-entering the market to capture the next segment of more certain trends.
The market is always there, and opportunities will not come just once,
the key is—collect when it’s time to collect, wait when it’s time to wait.
Current short-term expected levels: 73000 USD and 70000 USD; if 70000 breaks, it's highly likely to go to 64000 USD.