BTC Intraday Trading Plan | September 8 The 4-hour chart remains range-bound, but after rallying above 82,000, the highs have been progressively lower, with multiple rebounds rejected by solid bearish candles—short-term structure remains bearish. 78,695 is the Fibonacci 0.786 level and is now being tested for the third time. Support has been repeatedly worn down; avoid chasing longs here. Short Plan: Trigger: Place Sell Stop below 78,500 Stop Loss: 79,400 Target 1: 77,500 Target 2: 77,000 If price has already broken below at the time of publication, do not chase shorts. Wait for a retest of resistance at 78,600–78,700 before entering. If price reclaims 79,400, cancel the short plan. Long Plan: Initial Entry: 77,000–77,300 Add-on: Near 76,300 (Fibonacci 0.618 level) Stop Loss: 75,500 Target: 78,000–78,500 Once entering the long zone, wait for a 1-hour reversal signal or pin bar rejection before acting—do not simply catch falling knives. Today’s strategy is clear: Below 78,695, expect downside toward the lower range boundary. Once reaching the 76,300–77,200 zone, look for long opportunities. Avoid chasing trades in the middle of the range—only trade the extremes. This is solely an individual trading plan by Lao Bai and does not constitute investment advice.