On Saturday, Bitcoin experienced a dip to 100800, then the buying frenzy drove it directly back up to above 103000. In this wave, we are short as we expect it to break below 100000, which I mentioned in a previous post. The current movement is somewhat similar to 2021, combined with the more cautious interest rate cut expectations from the Federal Reserve and geopolitical factors. In the future, we only need to do one thing for at least 3 to 6 months: short, short, short.

The daily close is at 102000, expecting a rebound. I don't want to be too aggressive in shorting. I previously mentioned that we only consider a bullish continuation if it breaks above 106600. Here, we have moved the high point down, planning to build short positions around 104k during the day, with a stop loss set at 105600.