Latest Bitcoin market update and trading strategy: From multiple perspectives, 80,000 is the battleground for bulls and bears. 1) Miners are selling (3,400 BTC). 2) Retail investors are fleeing (272,000 wallets disappeared). 3) ETF money is only flowing into two funds (IBIT and FBTC, the rest are seeing outflows). 4) ETFs turned net outflow on May 8th ($146M). 5) 80,000 failed to hold three times (February, April, May). 6) Japan's June rate hike is imminent (probability 66%-74%). 7) No hope for a Fed rate cut (June probability only 1%). Conclusion from the above dimensions: This is definitely not the start of a bull run or a trend reversal. Instead, it’s the final bull trap of the weekly 4th wave. Bullish momentum is fading, running out of steam, and entering its final stage. The 5th wave downtrend, which is the main bearish trend, may be delayed but is inevitable. Strategy suggestion: No short-term positions. Wait for the May 13th CPI data release, wait for clear direction, and wait for bearish signals in the 81,500-82,500 range before gradually building mid-term short positions. Four words to summarize: Be patient and wait. The deep bear market is coming—load up your ammo and get ready to crush the bulls!