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From a technical perspective, the upside potential of BTC has been severely compressed. Looking at the overall trend, Bitcoin has already reached a significant resistance zone at the current price level, and the probability of a breakout upward is low.
My judgment is that Bitcoin will experience a downward trend, with a target around $78,000. This is not baseless speculation, but a conclusion based on the current technical analysis and market structure. Some people are still hoping for it to continue rising, but frankly, even if it rebounds, the room for growth is very limited.
Rather than waiting for small gains, it’s better to decisively short. In trading, execution and precise judgment are equally important. When the trend is clear, you must dare to act. Market opportunities are fleeting, and hesitation will only cause you to miss the profit window.
BTC is starting to lose support, and the signs of decline are becoming more obvious. No matter how you view it now, the market will soon give an answer. It’s worth paying attention to the performance of XRP and other mainstream coins, as they often provide directional hints before BTC.