The current major cycle is bullish, the daily chart has risks but also opportunities.

The risk lies in whether this position breaks the new high.

First scenario: does not break the high of 109800.

Second scenario: reaches the high of 109800.

Third scenario: breaks the high of 109800 (will there be divergence exhaustion leading to a larger sideways movement or even a reversal or continuation of a larger cycle's upward trend).

In the medium to short term, there are still long positions held.

On the short term: there is no clear trend for long or short in the 5-minute chart, just follow the waves for short-term trading!