$BTC 's mood is somewhat complicated; I am holding a short position but hoping for a market rebound. The situation with Bitcoin is not optimistic. This wave broke 100,000, shattering everyone's perception. Don't be fooled by some people shouting for 500,000 or 1 million; most have already sold during this 100,000 surge. The U.S. stock market is adjusting decisively; generally, three consecutive days of significant declines will lead to a rebound. The uncertainty of tariffs is merely an emotional impact, and the market has reacted in advance. However, with the U.S. stocks at a high level, Bitcoin dropping 20,000 still leaves it at a high level. Besides an unexpected rate cut that increases liquidity, I can't think of any major good news that could drive the market up. I find myself at a crossroads, but this intersection seems to lead downhill at a glance. I am not concerned about whether it's a bear or bull market; as long as there is volatility, it's fine. However, volatility stems from uncertain expectations, not from a one-sided pressure, as it's difficult to make money when prices keep rising or falling continuously.