Today! I have made an important decision. I'm going to go all-in on Bitcoin! Is the top already approaching?

1. As shown in the chart, Bitcoin's daily level is already approaching overbought, and the top is very close. Every time BTC enters the overbought zone, it has been a stage top with significant pullbacks. So where should we short this time?
2. I plan to enter in three batches, each with 10% of the position, using 2x leverage. Currently, around 78.5k-79.5k is a good first short entry point, and the next resistance is near 81.5k. It may not reach that level, but you should be prepared in advance.
3. Because although various indicators are nearing the top, the US-Iran talks haven't been officially settled yet, which might cause another rally. But the current price is also good, and I don't want to miss this opportunity, so I choose to enter in batches. If it really pulls back, the decline could be large. Don't worry about being caught at 78k; even if you shorted at 75k, you can still exit profitably later.
3. I think compared to chasing the very tip of the short, I'm more afraid of missing the short and losing the current high, because even if caught, it's only temporary. I'm mentally prepared for that. Our previous short position at 78,500 has already fallen to 76.8k for take profit. Fully loaded with bullets, it's time to consider reloading and setting up a long-term low-leverage position.
4. Besides, I have 20-30% of my position in crude oil CLUSDT shorts to hedge against my BTC position. Good news from US-Iran talks could push BTC up, while crude oil drops, providing risk hedging. If the US-Iran talks are finally settled, BTC might rise about 3%, and the short positions that are set up will be triggered, then the good news will be exhausted, and the price will start to fall. Meanwhile, crude oil could plunge 10-20% due to the end of the war, resulting in significant profits and risk hedging.
5. The logic for crude oil is very simple: it will eventually return to a normal value of around 70-80. I plan to short around 95, 100, and 105, as crude oil's movement is negatively correlated with BTC.
6. These two can form a good investment portfolio, using low leverage. Because this is a medium- to long-term setup, there may be some fluctuations before the final result. Avoid high leverage; proceed cautiously. Be prepared before the opportunity arrives! #BTC