Waking up, the market is fierce; the price of Bitcoin has risen to the 104100 area. Has the bull returned unknowingly? This round of increases has really wiped out the bears completely. Returning to the market situation, the current price action is no longer following technical structures, relying entirely on news-driven movements. A single statement from someone can cause significant fluctuations in the market, so operations cannot be conducted based on common logic. In the short term, the bulls are showing extremely strong trends, with a rise of 7000 points since early yesterday. At this point, chasing after the rise excessively would be too late. Maintain the principle of not chasing high positions. Continue to hold short positions in the morning unchanged.

In the morning, Bitcoin reference for shorting is in the 1033-1039 area, with a short-term target of 1020-1010.