Affected by news, the Bitcoin surged strongly this morning, reaching a peak of around 994, which coincides with the previous high on the daily chart. A double top has formed in the short term. Although it seems only a step away from 100,000, breaking through is not an easy task. Currently, the bullish energy in the market has been released, and there is again pressure forming above. In the short term, I personally do not recommend chasing long positions. Fluctuations are the normal trend of the market, so we will first observe the pullback situation of Bitcoin under pressure.

Our short position has been initiated, and you can refer to the 989-994 area for shorting. In the short term, we are looking at the 970 area. $BTC