The continued rise in risk of chasing higher (baiting longs at high levels)

There are risks in left-side bottom fishing and shorting, only low-multiplier dollar-cost averaging is possible
A bear market must complete chip rotation and long liquidation
The core is breaking below the previous low (60,000), second bottom test
Only then can a true bottom be seen, a base built, and the bear market turn into a bull
The current rally is only a structural rebound, not the main upward phase of a bull market
On the hourly level, it shows a standard bullish arrangement, with no clear top signal
Without heavy selling pressure, there is still a slight possibility of a push higher
Limited space, and with the weekend approaching, facing high-level consolidation
Key support: 76,000 (phase strong support)
Only a break below this support, with the structure turning bearish (( decline - rebound - further decline), will confirm a trend reversal and a clear signal to short