BTC beware of false prosperity among the bulls; medium- to long-term shorts are already in position

Most people across the network are preemptively positioning for shorts, only my logic is waiting quietly; yesterday’s prediction has already been perfectly fulfilled, the points of this rally are all in my script, the squeeze from funding rates and the Bollinger Band opening have already provided the answer. But this is not the climax; if you think the bull is coming back, it means you haven't understood the market’s conspiracy — the bear market background is a game of liquidity hunting.

Yesterday’s surge has already caused a large number of short positions to be liquidated, which has always been the opportunity for our medium-term shorts. After clearing the liquidity traps above, we are entering the market. Currently, most of the market liquidity is below, with the bulls dominating. The bear market environment is like a magnet; wherever there is liquidity, there is attraction. So I remind friends chasing the rally recently: beware of becoming cannon fodder.

The market rhythm yesterday was push-stop-push; right now, it’s the final push by the bulls. I don’t expect a direct reversal to short and decline at this point, but I hope to see a high-level consolidation platform (on the daily chart). Seeing this pattern will mark a very good decline zone, and this timing will come next week. The large weekly bullish candle has some inducement to trap buyers; a rally followed by a pullback will be the best way to break the deadlock.

On the 4-hour chart, continuous overbought divergence has appeared. Looking back at previous sharp declines, they were almost always characterized by continuous overbought divergence, and this situation is nearly identical. The current rebound price is exactly at the 50% retracement of the decline from 97,000. A normal correction in a bearish trend, after the correction ends, will continue the new downward rhythm, testing the 70,000-65,000 range.

In summary, follow the plan to enter the market. Medium- to long-term shorts can be initiated at 77,200 with the initial position, and an additional position can be added around 78,700. The stop-loss is set at a break and stabilization above 80,000. The rest will be left to the market to verify. Currently, we are at a critical resistance level during the rebound. All indicators and charts show that the market is merely a false prosperity, so maintain a high short position.