Last night, Bitcoin once again broke through to 978, and the funds that exited the market returned to gamble. Ultimately, Bitcoin encountered resistance and fell back. Currently, there are signs that both long and short positions are starting to exit;

How do we explain this data phenomenon of declining positions due to short-term exits? If there isn't a significant breakout or breakdown, these short-term exiting funds are in profit, meaning this is actually the profit-taking operation of the bears who entered later and the bulls who entered before the breakout;

Finally: We need to attribute the trend of 74-97 to a trending market, because the large range oscillation data is ineffective in the 85-97 stage. If there was a pullback between 85-87 at that time, it would have initiated a standard oscillation market. Therefore, if this trending market is approached with an oscillation mindset, it is almost impossible to make a profit. If leverage is high, a liquidation is almost inevitable. However, if one continues to adhere to the trending market, this wave of market will yield significant profits;