Today, overall, the Bitcoin bulls are slightly stronger. So far, the price is below 106,000 points, but this afternoon it has surged to a key high on the 30-minute chart.

The only question now is, is this rise a real breakthrough or a fake one? If it's a deliberate deception to lure in buyers, then entering the market could be very risky. After all, Bitcoin is still in a downtrend on the 4-hour chart, and overall, the bears are still in control; any rebound could very well be a trap to lure in buyers.

My view is: a major market movement is coming soon, so don't rush to chase highs or sell lows. Either wait patiently for clearer signals before taking action, or engage in some short-term trading.