In the early morning phase, Bitcoin experienced a strong counterattack from bulls, breaking through the 1040 line. However, it failed to maintain this momentum and subsequently fell back to the 1025 area before rebounding again, currently oscillating around the 1038 area.

From a technical perspective, although the battle between bulls and bears is fierce, with fluctuations of several thousand points up and down, there has been no substantial breakout. Overall, it continues to operate within the range, and there are no obvious unilateral signs in the short term. Therefore, the strategy should focus on short-term resistance and support, with high short and low long positions. Initially, consider entering with a high short position in the morning.

In the morning, short in the 1039-1043 area, looking at the 1030-1020 range. If it doesn't extend downwards, switch to long.