Currently, the long liquidity that has accumulated around 102k~103k has increased again, filling a previous liquidity gap...

Therefore, if there is a long liquidation event this week, the price target is most likely around 102k;

Meanwhile, there was a double bottom pullback last night, supported by spot buying, making it highly probable for the BTC price to rebound after hitting the bottom, saying "it should not be liquidated" for longs.

If the price breaks the trend structure of "lower highs" at a smaller scale, the short-term rebound target would be around 107.5k;

My current trading strategy is mainly to wait for the liquidation event around 102k to unfold before going long. If the price rises directly without that, I might choose to stay on the sidelines, just taking a break...

If the market gives opportunities, then take action; if the market doesn’t provide opportunities, then relax and accept the missed chance!

Being out of the market is also a decision, and it is often harder than making an entry decision.

Knowing when to enter the market is easy, but knowing when not to enter for speculation is what deserves discussion.