Getting a bit anxious. Counting the days, the moment of the Dog Coin harvest is getting closer. Where will Bitcoin go this time?

1. As shown in the diagram, the familiar recipe, the familiar taste. Theoretically, the end point of BTC's current rebound should be around 78k, where resistance is very strong and is the profit-taking target for many bulls. So how should we operate?
2. The market is really being messed up by Trump day by day. This morning, news suddenly came out that the US will hold a second round of talks with Iran, and the price of coins surged accordingly. Trump is like the most powerful contemporary artist, freely splashing on the K-line; retail investors can't change the international situation, only keep adjusting.
3. Speaking of the market, currently due to the positive news from the talks, overall sentiment remains optimistic. If Bitcoin stays at 70k, I would definitely buy on dips. But unfortunately, the price is now at 75,000, gradually approaching the resistance zone above, with very high risk. The coin price has already risen back to pre-war levels. At this time, I’d rather watch the show than chase longs, because once trapped at the top, it might be GONE.
4. Now the coin price has already surged significantly before both sides reach an agreement. I think when the ceasefire is officially announced, the expected fulfillment might cause the coin to start a correction after good news is exhausted. So, stay cautious as much as possible. If it doesn’t rise but falls instead, I think it’s possible to try to set up a short position.
5. My plan is to short at the upper edge of the consolidation channel, theoretically around 78k, possibly a little more or less, entering in batches and observing the trend after the negotiations end. If everything goes normally, it will pull back from the top to the lower end of the consolidation zone at 69,000. If it breaks below, it might fall quite sharply.
6. Overall, although there is positive news, the price is near the high, and I’m not very willing to chase longs at this time. I prefer to wait and see if there’s a good shorting opportunity. If you want safety, wait until after the negotiations end and the trend shows weakness before shorting.
7. Actually, we’ve already gone long several times at lower prices in the past few days. For example, on the 12th, we went long above the 70.3k support, expecting a rebound to around 72.3k, taking profits after the rebound. But due to sudden good news, the coin price rose higher than expected. If negotiations collapse again later, it might fall again. So in this chaotic market, we should prioritize stability, watch more, trade less, and only act when good opportunities arise. Shuqin will lead everyone at the first moment~