76k! Is Bitcoin at its peak? Where can we rebound? Hurry and take a look.

1. First, let's talk about why it dropped. Currently, Bitcoin's recent correction has touched the highest point of this 3-month consolidation zone: 76k. When the price reaches near the previous high and starts to pull back, it's completely normal. So, after the correction, can we make a rebound?
2. I think it's worth trying, but we should do so at a major support level. Currently, Bitcoin's strong support is above 72.7k. Approaching this level, I would definitely add more positions, as catching a rebound of over a thousand points has a very high chance of success.
3. Next, the second question: Is 76k the top for Bitcoin?
There's a possibility, but based on how the recent tops have played out this year, there’s often a false breakout above the previous high, like reaching 78k, tempting the bulls to break through and chase higher, only to be fully cut off afterward, fueling the decline. This scenario is more likely. Of course, the resistance near 76k is strong, so it’s also a good choice.
4. So, the strategy here is to proceed in two steps, as shown in the chart. I suggest everyone short at both major resistance levels of 75k and 78k. If adults don’t make a choice, I will take all positions! When the price approaches the 76k resistance and pulls back to over 73k, I plan to first catch a double-top correction. I also mentioned this in yesterday’s post, preparing to set up short positions.
5. Currently, I will take partial profits on my short at 75,000. If there’s a rebound, we can consider shorting again. Trump often surprises us. But for long positions, I prefer to be more cautious because 74k is not low. If the price pulls back to the larger support zone around 72,700–73k, I will consider adding one more long.
6. So, our trading is not reckless. Even if there are positive signals from US-Iran talks, if the price rises too much, we won’t chase longs. I emphasized yesterday that to go long, the price must be suitable before entering. Last night, near the resistance at 76,000, we confidently caught a good pullback. Seizing opportunities every day is the key—keep grinding!