BTC trend is a bit rapid, let's talk about it.

This wave of BTC continuous rally, most of the shorts that should have been squeezed out are basically done.
Yesterday, I analyzed that it might hit another high, and tonight it directly reached 78,000.
To be honest, I originally planned to open a short, but there was no signal of a reversal at that time, plus it was too late, so I entered a short and then exited.
Now it still looks like it's in an upward channel, with a small-scale dip after touching the upper boundary, and the pullback isn't very strong, just the volume is a bit weak.
So I plan to wait for a secondary high point before going short again, aiming for a wave trade.
If the prediction is correct, making two to three thousand points profit shouldn't be a problem.
The logic is like this: it's pressed against the upper boundary, and the daily chart has reached the resistance levels of MA and EMA lines, so the upward space is limited;
plus, liquidity over the weekend is usually poor, so a pullback is highly likely.
Plan to enter short in batches between 77,800 and 78,300, with a stop loss at 79,000, about 1,000 points.
On the smaller 30-minute chart, a bullish wedge pattern has formed, which means this rebound is an opportunity to go short.
If it's weak, it will start to turn around around 77,800; if strong, it will make a new high slightly above 78,300, so this range must be tested for a top before shorting.
Dachao believes that this pullback will at least go down to 73,500, or even lower.