Although the stop loss for the long position on the pancake was somewhat regrettable, the timely shift to a short position helped to recover. After several consecutive new highs in recent days, the deep pullback is within expectations and feels more like a buildup for a move.

Currently, it is not advisable to chase short positions. Focus on the support at 116000, consider setting up long positions near 116000, aiming first for 118000, and if it breaks and stabilizes, then look towards 120000. #BTC再创新高 #CPI数据来袭