BTC is currently only slightly bearish on the short term; for now, any pullback would only be expected to be on a 12-hour timeframe level. The oversold rebound trend on the 5-day and weekly timeframe levels and above is still in place. Currently, the 6-hour, 8-hour, and 12-hour timeframes are biased bearish; for a short-term short, the target is first to see a 12-hour adjustment.
81500-（81500-62484）*0.382=74235
Around 74250 is the key point separating long and short positions. As long as it does not break down below this level, the pullback will not continue. The lagging-bullish signal has, for the time being, reached as high as the 3-day moving average level. The nearest support point of the 3-day moving average is 74485 (dynamic). Therefore, from late August to early September, the minimum target for the pullback should first be around here. If it approaches this area, it would be a good spot to go long. If price is going to break down, it would need to rebound at least once; only after the high is followed by lower highs such that the high point drops below 76200 and then falls, would 74000 be considered likely to break through and confirm a breakdown.
81500-（81500-62484）*0.382=74235
Around 74250 is the key point separating long and short positions. As long as it does not break down below this level, the pullback will not continue. The lagging-bullish signal has, for the time being, reached as high as the 3-day moving average level. The nearest support point of the 3-day moving average is 74485 (dynamic). Therefore, from late August to early September, the minimum target for the pullback should first be around here. If it approaches this area, it would be a good spot to go long. If price is going to break down, it would need to rebound at least once; only after the high is followed by lower highs such that the high point drops below 76200 and then falls, would 74000 be considered likely to break through and confirm a breakdown.