Good afternoon friends, there have been happy events at home these days, so I haven't updated much. I haven't opened any positions recently, but this morning I placed a short position and am currently holding it. I can do a live stream to chat a bit tonight.

Briefly talking about BTC, there have been significant ups and downs recently. This is actually not a good trend as it lacks continuity. The market trend is not suitable for chasing highs and cutting losses; otherwise, it's easy to hit a wall. This is how the ceiling for longs and the floor for shorts come about.

If it can successfully break below 1058 tonight, there is a chance to go to the 1050 level, which is the starting point from the early morning. Once 1050 also falls below, it will be difficult to enter here as the downward movement will be too large and the rebound strength will be weak. A stable position would be around 1030-1035 for support, where one can consider reversing and entering based on the strength of the rebound.