#btc #Bulls today public thinking

1. Core shorting idea
1. The hourly Bollinger Bands are turning at a high level, closing in, with a clear rebound-and-fall structure. The bullish rebound is a correction after a decline, not a trend reversal.

2. The price remains under pressure from the middle Bollinger Band, with severely insufficient rebound volume, unable to recover the midline watershed, making the risk-reward ratio for short positions extremely high.

3. Defensive logic: Only if the closing price firmly stays above the upper Bollinger Band at 75258, can the short position idea be completely abandoned, indicating a trend reversal.

2. Operation suggestions:
Entry: 74500-75000
First target: 73500
Second target: 72500

3. Core logic

1. The price completed a rebound from the previous high of 76009, forming a standard "long upper shadow at high level + consecutive down candles" top reversal structure. The bullish upward momentum is completely exhausted, and funds are cashing out at high levels.

2. The decline process fully follows the downward Bollinger channel, with highs continuously decreasing and lows constantly refreshing. The medium-term bearish structure has not been broken. The current rebound is merely a correction during the decline, not a bullish reversal.