$BTC
On the 14th, the BTC price generated a bearish reading after reaching the resistance level of 105,000. As of now, the hourly chart of Bitcoin shows a rising triangle pattern, compressing the active space. This is a very clear reversal signal.
Currently, the rising triangle pattern after the reversal signal on the hourly chart still prioritizes the reversal strategy from the 14th, in the absence of a strong breakout signal.
In terms of trading strategy, continue to hold short positions above the price of 104,000. If there are no advantages to holding short positions, wait for the entry opportunities before the reversal.