I, Lin Ran, once again emphasize that a high position is an opportunity to short. The current chart of Bitcoin is very clear, with a classic head and shoulders top reversal pattern almost formed, which is a strong signal that the trend is about to turn.

At this critical point, any impulsive behavior of chasing longs essentially involves the main funds taking over the position. From the four-hour level, the price has been strongly suppressed by the upper band of the Bollinger Bands. Every seemingly strong rebound is just a deliberate attempt to maintain bullish illusions and create a false impression of an imminent breakout.

The market's pattern is very clear: first giving you hope, then making you despair. Every upward push is a carefully designed trap to lure in buyers, igniting the chasing rally emotion, followed by ruthless sell-offs that leave no time for reaction.

Trading suggestion: Short around 76,000-76,600, targeting 74,600-74,000, with a break below 72,800.