Woke up early in the morning, BTC surged, slight pullback. Altcoins did not follow BTC, breaking through previous highs. This indicates that the market still lacks sufficient funds, and it has become a bull market for BTC alone.

However, one point to note is that if BTC consolidates in the next few days and funds flow out, some altcoins may surge. At this time, shorting altcoins should also be cautious. The main strategy should be to go long on pullbacks during trend reversals.

But one point, at this BTC price, chasing long positions is also not appropriate, or rather, at what position should one go long for safety?

My own opinion is that after rising to this price level, it's better to stabilize and observe first? If one must trade intraday short positions, in general, I would still choose to short.

If you can't manage it well yourself, you can choose not to trade, or wait a few days to trade.

Indeed, from a technical perspective, choosing to break through again, a small pullback, will continue to oscillate at high levels.

I just want to say that the Federal Reserve has not lowered interest rates yet, and BTC has surged so high that retail investors dare not follow in. After the interest rate cut, how high will you pull it up? How high do you want to go? $BTC