Good morning friends, Big Bitcoin maintained an overall shock repair pattern overnight, oscillating upward throughout the night and touching a high of 70600 in the early morning, then came under pressure and retreated. Currently it's consolidating around the 70000 level; Auntie's trend is relatively weak, with the price ratio rebounding to around 2155 before facing upside resistance, now retracing slightly to around 2140 for adjustment. The short strategy I provided at midnight has successfully offered entry opportunities, and actual positions have been successively entering. Friends who have followed the strategy should patiently hold and wait for the market to develop further.

From the current chart perspective, although Big Bitcoin produced a thousand-point repair move overnight, from both the rebound momentum and time cycle perspectives, the conditions for trend continuation are lacking. The four-hour level closed a positive candle recovering some lost ground, however the volume coordination is clearly insufficient, with volume contraction during the upside move difficult to form effective continuation. The current situation still belongs to small-level correction, not a trend reversal signal. Combined with the hourly level view, the market shows a fragmented K-line adjustment pattern, generally with longer upper shadows, showing obvious pressure around 70500. Last night's retreat has effectively broken key support, further opening downside space, and the short-term has yet to show strong stabilization signals. Therefore, our short strategy requires no changes.

Big Bitcoin: Short around 70500, target 68000.
Auntie: Can go around 2180, target 2060. #Gate13周年全球庆典 $BTC