Although BTC has pulled to 120,000 and it looks very high, the position of 120,000 now is equivalent to breaking through 74,000 on the way to 110,000 at 80,000. Did it pull back at 80,000? No. Did it pull back at 90,000? No, it went straight to 100,000 after a retracement at 88,666. The current logic is exactly the same as between 70,000 and 110,000. Just because it's high does not mean you have to short it; the logic is different from the previous weeks.