A round of pullback has begun with slight fluctuations within a range, with a space of about 500 points between the upper and lower limits, representing another phase of oscillation and correction. Those who dislike the pattern can consider short-term trades, taking a quick profit and then exiting.

Looking at the current market, from the beginning of the month until now, it has been moving in a pattern of oscillating upward. On the daily chart, the previous high of 76,000 has not yet been reached. Do not overly rely on bullish expectations before firmly breaking above 76,000; it’s just a matter of a moment. The current box structure remains valid. There isn’t much room above, and there’s no clear one-sided trend; the top and bottom reversals are not valid. To achieve a one-sided upward move, the first step is to break through the box and stabilize above the previous high. Since it is currently at the high end of the box, chasing the rally is not recommended.

In the afternoon, continue to short around 75,000-75,500, with targets looking at the 73,000-70,000 range. $BTC ‌#加密市场回升