Arrived at the second round focus range of 9.3-9.2 during the early morning.

At this position of #BTC , the second round reduction opportunity with a profit of ten thousand points has arrived.

It is expected to exit 20-30% of the position, ultimately looking at around half of the total position at 8.5 for the final expected bottom.

Medium-term view:

1. If the reduction was not completed at 9.25 during the early morning, continue to wait; the subsequent arrival will complete the reduction (move the stop to 9.8).

2. The enormous workload to reach the final target of 8.5 is difficult to accomplish in the short term, and the remaining half position will test everyone's patience even more; medium-term sharing will not be so frequent.

Intraday support: 9.4. Although it broke briefly during the early morning, the subsequent entity closing volume basically remains above 9.4, so 9.4 is still the short-term entity support point.

As long as it does not break 9.25 intraday, it can still look around the support, expecting a recovery area of 9.6-9.7.

Short-term and medium-term layouts do not conflict; the short-term fluctuations do not affect the final result, and it is acceptable to lay out both short and medium-term simultaneously.