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Right now, the market is really chaotic, with news saying one thing one moment and another the next, confusing many people. Actually, I've been saying all along that the short-term switch between bulls and bears is very fast during this period; just follow the news and don't stubbornly hold onto a position. Since the market has already started to turn, it's time to be decisive—go short if you think it's right.
However, today’s Asian trading session didn't see the big plunge everyone expected, indicating that the market has already somewhat digested the news of "negotiation breakdown." So, at this level, don’t chase shorts at low points, as it’s easy to get caught in a false reversal.
BTC around 75,300-75,800 can consider gradually shorting.
Just set a simple defense above 76,300.
First target around 73,500; see how the market moves when it gets there, don’t try to catch the extreme trend right away.
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