Overnight Bitcoin market once again reached a historical high. Every midnight is a time for action, so everyone must take risk control measures for midnight operations!

It’s common for the market to pull back after each high, and this kind of market behavior is nothing new. There are opportunities for both long and short positions during the day, especially since today is a weekend, the market trend shouldn't be too extreme. Focusing on short-term trading is also a good approach!

In terms of the current market trend, after the price surge, it is estimated that it will maintain a range-bound movement. Do not blindly chase highs or cut losses. Plan around the range for the future. The upper position at 77200 has certain resistance, while the lower support is at 75000. Plan for long and short positions in the range of 77200-75500 as long as there is no breakout or breakdown!

For morning operations in Bitcoin, Lin Kun personally suggests shorting on the rebound at 76850-77200, with a target down to the 75500-75000 range!