Bitcoin now appears to be in the final stage of wedge adjustment, which I personally believe is just a bull trap. The overall trend is still downward, and without a clear breakout above 74,000, the main direction remains bearish.

The strategy is quite simple: wait for a rebound to 72,500-73,000 to short. So those holding long positions or with a base position should exit and reverse when the price reaches that level.

On Monday, Nvidia will release a powerful new chip. Let's see if the US stock market can rally and give us a better opportunity to short.