Bitcoin's recent surge of 10% looks very familiar, it's definitely not a new pattern.

Historical trends are clear: every so often, there’s a strong rebound. After pushing past previous highs, it quickly falls back, forming a crash structure. This is a typical downtrend continuation, a descending flag— a correction after a big drop, not a reversal. The likelihood is that it will continue to weaken afterward.

I’ve warned about this rhythm before: avoid blindly shorting around 63,000. Once a consolidation pattern forms, the rebound can be very strong, and now that’s been confirmed.

Next, it’s likely to test the lows again, with the lows gradually rising. A rebound breaking through the previous high of 72,000 will test the key resistance at 74,000. Then, a false breakout followed by a decline will officially start a new downward wave, probably dropping below the previous low of 60,000.

In the short term, after Nvidia’s earnings report was fully digested last night, BTC fell from 70,000 to 67,000. I also took a small short position. There’s still a chance of further pullback when US stocks open tonight.

Chasing longs at high levels is very risky; there’s no need to gamble. I only take high-probability trades, gradually building small long-term short positions in the 71,000–74,000 resistance zone. No rush, no impatience—our advantage is clear.

In a bear market, if you get the rhythm right, even holding cash can outperform 90% of people. Practice with small positions during normal times, and when a big opportunity comes, act decisively. #BTC能否重返7万美元？