Watch out, run now or you'll be in big trouble! Bitcoin may have already peaked, and the situation is extremely dire. 1. As shown in the chart, Bitcoin's current price action is a classic descending flag pattern, consolidating upwards. Top: 72,000 → 74,000 → 76,000; Bottom: 60,000 → 63,000 → 65,500. Is the third round of upward movement over and a crash about to begin? 2. I think the probability is quite high. The top of this rally is likely around 76,000, or a false breakout to around 78,000. Based on the trend line, it will retrace to around 69,000. If it breaks below the upward trend line, this could be the start of another wave of downward movement, eventually falling below 60,000 or even lower. 3. We shorted Bitcoin three times at 74,000, taking profit twice. This third short is currently near our cost price. I also placed a short order around 77,000 to add to our position. Everything is going well; the price is moving as we expected. I see some people are panicking, but there's no need. The price is still at 74,000. Those who chased the rally at high levels should be panicking, not us. 4. I think the real catalyst for the market will be the Fed's interest rate meeting tomorrow night, which is quite likely to be bearish. Moreover, Bitcoin has risen so much in a short time; even without negative news, a normal correction would be significant. This morning's 76,000 level likely hit a top, wiping out most short positions. However, for safety, I've placed a short order at 77,000; I'm willing to take it if it comes. 5. As for ETH, we advised everyone to short at the major resistance level of 2370 last night. As shown in the chart, I shorted 240,000 USDT in two batches. The profit was good this afternoon. I'm providing real-time trading guidance. If it retests the top, I'll try shorting it again. 6. Therefore, never open trades based on feelings. Before opening an order, you should plan why you're opening it, where to take profit and add to your position, and where to set a stop-loss. Step outside of emotions and examine your trades from a higher perspective. If you don't understand, ask me, and act immediately when you have the opportunity.
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