As mentioned earlier:

This time, the bottom will form around 71k or 74k, but in the early morning, we didn't fully reach 74k, only dropping to around 747 before starting a new rebound, which was stronger than expected. So, the top pattern has not been established, let alone a deep correction;

At the current stage, in fact, yesterday's bears didn't gain much room, with a maximum of only 2,000 points. Following Trump's extreme pressure and the positive news for Taco, the price broke through 77k again, successfully breaking out of the head and shoulders pattern, ending the persistent negative funding rate (though still near zero, which could turn negative again at any time).

Since we've already reached this price, it's highly likely to head toward the liquidation pain point above! As the 4-hour low points gradually rise, a bottom formation is preliminarily taking shape. Therefore, the main selling zone today remains around 785-790. Don't rush to short before breaking the previous high; consider a pullback only after that.