At this critical moment of tension, the long-short game is about to take a new direction. Everyone should grasp this well.
In the morning, the article from the E family army reminded everyone that the average price of short positions near 13021028733 at 76600 needs to pay attention to taking profit in batches at 75555. Short position 009227723322912, reduce position at 2865, and for cautious friends, adjust to break-even loss. Some should have already exited at break-even after reducing positions in the morning, so those with short positions can continue to enter a short position directly at the current price of 76300. If it cannot effectively break down, we will consider changing strategies later.
As shown in the figure below, the current Bitcoin price started to decline from a high of 76900 in the early morning, and as of the time of writing, the price is around 76300. This position is still worth gambling on. The upper pressure is around 769. From the four small time frames, there is still some room for a pullback. RSI9 has reached the overbought zone and is about to turn down. OBV also has a pullback demand, and KDJ has formed a death cross and is spreading downwards. At the current position, the risk of betting on short is much lower than chasing long. Since the market indicates a need for a pullback, it is still quite reasonable to gamble once with a solid defense. The key point is that there may be a small waterfall, but of course, this is just speculation.
For friends with short positions, it is recommended to enter directly at the current price of 76300, add at 76890, set a one-point defense, and target 74800-73800-73000. Pay attention to reducing positions and adjusting to break-even upon reaching the first target.