2.2 Morning Bitcoin Analysis

The new month and the new trading week have officially begun. The current cryptocurrency market is in a confirmed bear market pattern. The Bitcoin bearish trend is clear and highly sustainable. The overall operational strategy firmly relies on the bearish mainline. Rebounds are signals for precise short positions, and traders should avoid going long against the trend.

For practical Bitcoin positioning, it is recommended to focus on the key resistance zone around 79,000-80,000. This area is an important short-term rebound resistance level. Traders can consider building short positions in batches at suitable opportunities, manage positions carefully, and strictly control entry risks.

Target levels should be viewed in stages. The first short-term target is the 86,000-85,000 range. After reaching this level, profits can be partially locked in based on market trends, and the remaining positions can be held for further downside. If this support is broken and the market volume supports a bearish breakdown, the mid-term target can be further lowered to around 72,000-71,000, capturing the profit potential of a trend decline.

In terms of operations, it is essential to follow the core logic of shorting on rebounds, avoid blindly bottom-fishing, and prevent chasing orders. Proper position management should be maintained to handle sudden market fluctuations.
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