Yesterday's strong rally exploded, and currently the market is continuously rising on the daily chart. On the four-hour level, the running channel is in a tightening state, consolidating under the middle track. The bullish volume has formed a significant release, and moving averages are rising. There is a demand for correction within the consolidation state. This morning, we are looking for a correction; it is not advisable to chase long positions at this time. Regarding the upcoming strategy, we maintain our bearish outlook.

Personal suggestion

Bitcoin 103500, first watch 101000. If there is room, we can come out; there’s no need to overthink it, make adjustments based on the situation.