In assessing the current market situation of Bitcoin, the core point is: it is still in a consolidation phase, not a trend.

To put it rigorously, from an analytical perspective, the main operational logic is — go long when the previous low support overlaps with key bullish signals, and go short when the previous high resistance overlaps with key bearish signals.

More importantly, during execution, set your take-profit orders well, don't overthink it, and follow the plan.

Bitcoin #bitcoin has already dropped by 3000 USD since the 4-hour overbought signal; this decline, both in magnitude and smoothness, is very friendly for short-term short positions.

If you still hold a short position now, it is recommended to take some profits, adjust your stop-loss, and wait for an oversold signal before fully closing.

If you want to go long, the low buy position I am currently focusing on is in the EMA100 area.