The current thinking is that we are in a 'release period' for market favorable news and sentiment, with short-term FOMO. The previously worried dovish 'Sell the news' from last weekend has not directly manifested; clearly, the early drop on Monday changed the expectation of a 'Sell the news' occurring after a dovish sentiment.

So, I plan to wait for the weekend sentiment to cool down before making further decisions. Moreover, in today's remarks, Mr. Powell expressed concerns about the economy. Following this logic, it is likely that a 'great scholar' will begin to analyze whether the economy is in recession next week, so I believe that if concerns about the economy arise in the market later, it will provide an opportunity for price corrections.

The sentiment perspective is that it is overly optimistic in the short term; if missed, one must wait for the market to calm down before taking further action. Conversely, when the market begins to turn pessimistic, it will strengthen my bullish viewpoint.

Returning to the chart:

For Bitcoin, short-term resistance to watch is around 116,900 at the 4-hour level, which is the position of the 4-hour MA200 and presents some resistance. If it breaks through, we will look at the resistance level around 118,900.

Support won't be considered for the short term; we will assess the situation after the sentiment has digested over the weekend.