Yesterday, after the phenomenon of 'should clear but doesn't clear' occurred in the high-density long liquidity area below, the price began to rebound and formed a small-scale high point. From the structure, it seems to increasingly resemble an expansion pattern.

Currently, the area with the highest liquidation intensity remains around the 115k long liquidation zone. If this pattern is to complete, then we can still expect the price to retrace to liquidate here in the next couple of days!

Since the current trend structure is still a bullish trend, with lower lows decreasing and higher highs increasing, I still do not recommend going short. Instead, I suggest waiting for a pullback to occur, especially after the long liquidation zone has been fully cleared before going long.

If you really want to short, then you can play it short-term. You can gamble on a low-probability event of testing the previous high when going long, but it's very difficult to catch such low-probability events when shorting, and you might accidentally get trapped and then have to stop-loss at the previous high...

In short, since the market has entered a consolidation phase, we will not look at the trend. Strong trending markets often experience 2 to 3 weeks of consolidation.