In the morning when it surged to $79,400, how many people FOMOed and rushed in?

Now looking at the $77,800 price, are your hands trembling?

Let's start over.

---

🟢 Surface positive: Seems unchanged

People tell you the logic hasn't changed—

1. ETFs are still buying: 9 days of net inflow of $2.12 billion, institutions haven't run
2. Iran is negotiating peace: The Strait of Hormuz may reopen, oil prices have fallen
3. Big players are still accumulating: Strategy (formerly MicroStrategy) bought $3.9 billion worth of BTC this month

Sounds good.
But—

🔴 Actual chart: What happened?

Open Gate’s candlestick chart, 1-hour view:

1. Surge then fall back, long upper shadow: After piercing $79,400 this morning, it was immediately pushed back below $78,000. This is not a breakout, it’s a trap + distribution.
2. Volatility increased: 1.25% drop in one hour, how many chasing the high have already been caught?
3. $78,000 has been lost: Although currently struggling around $77,900, the psychological barrier has been broken once.

---

🧠 What happened?

First layer: The cost of FOMO
This morning’s surge was due to news of Iran negotiations.
But the market quickly reacted: no deal yet; the premise of nuclear talks is to lift the blockade.
“Buy the rumor, sell the fact”—those chasing the high became the bagholders.

Second layer: Is $80k an iron ceiling?
$80k is not only a round number but also the high point at the end of January.
Countless people are trapped there; as soon as it hits this level, they want to sell.
Currently, there’s only a 69% chance to break $80,000 before the end of April—meaning there’s a 31% chance it won’t go higher.

Third layer: Tomorrow is the real key
The FOMC meeting (April 28-29) is the true direction decision.
As long as Powell keeps his mouth tight, $75,000 might not hold.

---

💢 Current situation

Chasing the high: floating loss of 1-2%, cut or not? Not cutting risks going deeper; cutting might cause a rebound tomorrow on good news.

Holding cash: $77,800 now, can you bottom fish? Or wait for lower?

My judgment: the correction is not over.
A surge then fall + volume decline = lower points ahead.

---

🎯 Revised trading strategy

Current stance: a correction continuation, watch more, act less.

🐂 Long positions (wait, don’t rush):

· Entry: $76,500 - $77,000 zone (institutional defense line)
· Stop loss: $75,800
· Position size: 10-20% of your capital

🐻 Short positions (trend-following):

· Entry: rebound to $78,500 - $78,800 zone, then short (those chasing the high want to break even and run)
· Stop loss: $79,500 (must stop if volume pushes back above the morning high)
· Take profit: look down to $76,800, if broken, target $75,500

⚠ Position size:
With current volatility, 3x leverage is already too high.

---

💬 Final question for you

This morning, those who chased the high at $79,400, comment with a 1.

Let me see how many brothers got caught.

---

Like and follow, more cautious before the FOMC lands. #WCTC交易王PK $BTC