$BTC The Federal Reserve's interest rates remain unchanged, and Powell stated that there is no consideration for lowering rates. The market surged directly in the early morning, and the midnight bell provided everyone with high short positions. If you entered short, you are currently slightly trapped. Bitcoin was suggested to short at 103500 and 105000, and the current price is around 105300, which is a loss. Ethereum short positions were suggested at 3170 and 3230, and the current price is around 3185, which is also a slight loss. If you have consistently kept risk control in mind and managed your positions well, then the short positions are not a big issue. This position is not suitable for chasing long positions anymore; you can continue to hold your shorts. The current floating loss does not mean you will actually incur a loss; it still requires time to verify! If you do not have any short positions, today you should still look for a pullback. Even if you want to go long, you need to wait for a pullback and do not recommend chasing long positions around 105000. One should know that the height brought by Trump is only 110000, so chasing long positions at such heights is risky. Be aware that both the US dollar index and US stocks closed lower. Bitcoin's intraday short-term pressure is focused on 105500 and 107000; you can enter short positions here. On the downside, do not look too much at the pullback; first, focus on the support around 104000 and 103000.