$BTC 4.24BTC Market Analysis: Yesterday's doji star closed, and the price experienced a slight correction to repair the high-level long positions. Several points have been mentioned here: do not chase the highs. Currently, the main players or institutions in the market are continuously accumulating funds in Bitcoin. Once they escape or close positions here, it will cause a significant pullback, and retail investors will be the ones hurt! Moreover, there is a sense of overbought on the larger cycle, which I also mentioned in the group and with follow-up clients in recent days. Let's review the main concentrated area near the upper boundary at around 768, as discussed yesterday. Looking at the current structure, the high-level oscillation and consolidation are still within the vacuum zone, between 768 and 844. This is mostly a process of turnover. There is still a need for a pullback! For the day, the focus is first on observing, possibly relying on around 784 for a downward move, with a small defense of 500 points, aiming for around 768.