As analyzed, the mid to long-term short position on Bitcoin continues to be held. For those without mid to long-term long positions on Bitcoin, you can gradually open positions in batches in the range of 117000-119000, with a stop-loss at 124000. Yesterday, due to positive news, there was a strong overall rise, but it is unknown how many days this can be sustained. Currently, it is not appropriate to chase after long positions in the short term, nor is it suitable to immediately open short positions. Over the weekend, the focus should be on observing, and take action only when there are more obvious signs.