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The negative impact of the US PPI surge was already reflected last night, so let's get to the main point!
Brothers, this wave of Bitcoin operations is basically playing "The Boy Who Cried Wolf"!
Just now, it broke below 78,800, then quickly recovered, this is a classic "fake fall"! The main force's move is too sneaky, deliberately stopping out around 78,700 after hitting over 79,000, then taking off again!
Now the script is very clear: since 79,400 is a false break, there must be a decent rebound. The rebound first targets the 81,500-82,000 range!
So today's idea is very simple: watch for the rebound, test around 81,500, the main force will definitely shake out the retail traders who shorted around 79,000, then a waterfall drop!
Of course, if this round can test around 81,500-82,000 again, still go all-in short, live in the palace. Although in the short term, the US and China leaders' meeting will bring a brief positive, the medium-term trend remains unchanged. With Kevin Waugh taking office, and the launch of three major super bloodsuckers in early June, as well as Musk's SpaceX, OpenAI, Anthropic, all will have a huge impact on market liquidity! So our strategy of shorting on rebounds remains correct!