The current price of Bitcoin has surpassed its historical high, reaching around 112,000. At this point, blindly chasing long positions carries a high risk; once the market corrects, those who bought at high levels may face severe losses. Rather than risking chasing the price up, it is more rational to choose to short, to cope with potential correction risks.
Operation Suggestions
• Entry Point: Short near 111,500
• Add Position Point: Add to short near 112,000
• Target Range: Medium to long-term looking towards 107,400-105,000-100,000
