BTC short-term can basically confirm that the top has been formed!

The top structure at the current level is already in place, the 8-day consecutive positive candles on the daily chart have completely ended, the price is continuously suppressed by the trend line, there is enormous selling pressure above, bullish momentum continues to decay, and any subsequent rebound is likely to be a bull trap.

There are mainly two possible scenarios for the bull trap movement:
The first is a complex head-and-shoulders top, the left shoulder has completed two waves of rallies, the first wave of the right shoulder has already ended, if the small timeframe rebounds again it will similarly move in two waves, with the high likely falling around 75,000;
The second is a relatively strong bull trap, where price retraces to approach the previous high and then constructs a double top or M top, followed by the start of a decline.

Although the current small timeframe has a rebound requirement, it is obviously a volume-less rally with clear bull trap signals.
In terms of operation, continue to closely monitor the 75,000-75,500 range, and set up short positions upon reaching the target. #Gate广场AI测评官