In the small cycle of BTC, there are repeated washouts, with opportunities for both long and short positions. Just don't be too rigid in your strategy, or it can easily lead to profit withdrawals. Unless you accept the outcome of the withdrawal, unexpected surprises may not occur.

Looking back at the market movements, after a high of 1058, it dipped to 1006 and then retraced to 1049. The following days saw repeated washouts, similar to yesterday, where it could dip to 1012 from 1038, and also retrace to 1041. Early in the morning, it went down from 1041 to 1025, indicating that there wasn’t much continuation for either side, and the market behaved that way, so there’s not much more to say.

Today, similarly, at the 1043 level, before it can effectively stabilize, everything below 1043 can be considered for a downward test. This was mentioned last night; I am currently holding a short position and watching it decline, with reasonable reference and to act within one’s means.

Pay attention to the short-term support at 1020-1018, which is the position from where it started to rise yesterday. If it breaks below this, it would need to test near 1010.

During the washout phase, if the rhythm is correct, both longs and shorts can profit. If the rhythm is off, longs and shorts will sweep back and forth. If you understand it, take action; if you don’t, take a break. $BTC