BTC 1-hour chart Second wave of decline, panic selling: A rapid price drop in a short period, a huge bearish candlestick, huge trading volume, accompanied by oversold conditions. If it hits a major support level, these are the conditions for me to buy on dips. Therefore, I decisively went long at 769-77K. Currently, it's in a rebound correction. The minor high point of the first rebound at 78.8K is particularly important. Short sellers are lying in wait here. Short-term long positions will be sold here. It's a relatively large selling pressure area. Therefore, it's not suitable to chase the price higher here. Wait for a failed breakout and a pullback to the 78K range. I feel the target for this rebound is 80K. --- Join Discord http://(0xtaibai.com)