Here is a reminder for the player on the left side: It is best to remain cautious with the short positions this time, abandon the attempt to catch the peak, and wait for multiple resonance signals at the top to appear;

Reasons are as follows:

1: Because in the last month, every time it approaches 110,000, the Big B network starts to show negative premium, but this time the rise still has a high positive premium, so if this situation continues, it is very likely to break through the historical high;

2: Currently, the funding rate for Bitcoin has not maintained the standard of 0.01 for long and has been below 0.01, with occasional negative values appearing;

3: This round of rising has led to a significant increase in positions, meaning a large amount of long and short funds have begun to enter the market for speculation. If this happens early in the fluctuation, it would be a good signal to catch the peak, but the later it gets, the more attention should be paid to the breakout trend, so it is best to wait for other resonance signals at this time;

Summary: Remain cautious for now and consider short positions only when the Big B network's positive premium turns to negative and the Bitcoin funding rate enters the 0.01 phase.