The overnight pancake rapidly rose to the high point of 100,000 under the stimulus of CPI news, then stagnated and fell back. Currently, the market is undergoing critical sideways consolidation around 99,500, and it is expected to adjust narrowly around this position during the Asian session. There is still a risk of a significant short-term pullback before stabilizing above the 100,000 level. In the medium term, looking at the four-hour level, the auxiliary indicators have all been overbought, suggesting that there may be a certain degree of pullback and correction during the Asian session. On the daily level, the market has already touched the upper band of the Bollinger Bands. If a large amount of selling occurs at this position in the short term, the market will experience a significant pullback. Therefore, the focus on short-term trading should be on timely profit-taking and not blindly following the trend with reckless bullish behavior. It is recommended that short positions in the Asian session can consider entering around the 101,000 mark, with a target for the pullback to 99,000-98,000, holding with a small risk control of about a thousand points (this is a personal opinion for reference only and should not be taken as a basis for anyone entering the market; all consequences are to be borne by oneself) $BTC #BTC重回10万