All the roads traveled in life will not be in vain. If the right direction is chosen on this road, the growth harvested will definitely be huge. Cultivating oneself and investing in oneself is the best direction and the most cost-effective investment!

Bitcoin has been on a continuous rise in recent days, stabilizing above the 27,000 mark last night and reaching as high as 27,400 before facing downward pressure and experiencing a certain degree of decline in the early morning. Following the strategy from yesterday, participating in the rebound and shorting the market has resulted in gains regardless of market fluctuations. However, the upward momentum has not been sustained, ultimately returning below 27,000. Therefore, the approach in trading can be to consider a bearish strategy.

After a failed attempt to stabilize above the round number mark following a peak, the market has experienced a decline, forming a box oscillation structure in the daily chart. The short-term bullish trend is merely a trap, with no substantial breakthrough in the short term. The market has returned to the box structure, showing clear resistance in the daily chart. There is still an expectation of a decline in the short term. The key focus is on the resistance at the 27,200 mark. If it holds, the market will continue to rise; otherwise, there is an expectation of a decline and oscillation. The initial support below is around the 26,200 mark. Short positions can be considered for a decline if there is resistance above, and participation at key positions should be maintained. If there is an opportunity for a breakthrough, we will follow the trend accordingly!

For future Bitcoin operations, it is recommended to short the rebound in the 26,800-27,200 range, with a target around the 26,200-25,800 mark.

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