The insights for Thursday morning are as follows: Bulls continue to increase their positions and push towards historical highs. Will the subsequent market trends be bullish or bearish?

Overnight, Bitcoin bulls have once again set a new historical high, and the bulls are leading the charge with significant strength. However, rebounds provide opportunities for bears. When a trend emerges, one must act decisively. The strong trend movements typically follow this rhythm. If one merely observes when a trend begins, they will find themselves suffering once the market completes its cycle!

The continuous creation of new highs indicates that bullish momentum is very strong. The current market is a rebound that provides opportunities for bears. Bulls continue to increase their positions, but the pullback should not be underestimated. The current market trend shows a tug-of-war between bulls and bears, with bulls persistently pushing higher. Do not overlook the bearish trend; we will maintain our strategy of high short and low long positions in the future!

For Bitcoin morning operations, I personally suggest shorting on the rebound at 75850-76350, targeting a drop to around 74000-73500. If this level is broken, we will continue to look down towards the 73000 line; if not broken, we can switch to going long, aiming for a space of 1000-1500 points!

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