Tong Ge 6.1 BTC Strategy

$BTC Rebound near 737-742 to enter short, stop above 745, first target 73,200, second target 72,500
At this position, I won't directly chase short now.
Although the weekly and daily charts have already fallen quite a bit, the 4-hour rebound has never been able to stabilize effectively, and resistance above still exists.
Especially in the 74,200-74,800 area, multiple rebounds have failed to form a valid breakout, indicating selling pressure above is still present.
For short-term trading, rather than chasing short at low levels, it's better to wait for the rebound to the resistance zone before taking action.
Recently, BTC's overall rhythm has been to rebound once, then drop, rebound again, then drop again.
The market has not shown any signs of a true strong reversal.
As long as the price remains below 75,000, the bears still hold the initiative.