Tomorrow at 3 AM, Trump will deliver a speech at the White House regarding the implementation of tariff policies. Will we see a continued pullback or the arrival of a rebound market? Yesterday, the market experienced a V-shaped recovery, giving many people renewed hope and enthusiasm, but some believe this is a deliberate spike in preparation for a significant pullback tomorrow. After all, the higher you lift it, the harder it falls; both bulls and bears express their opinions and encourage each other.

Bitcoin is currently in a converging triangle looking for direction. In this case, breaking out to go long or breaking down to go short are both valid options; the challenge is having the courage to open positions and set stop losses. The essence of trading is to know, act, and try; it’s better to be wrong than to miss out. If you make a mistake, it's okay, but correct it in time and stand firm; missing a market movement is acceptable, but missing a major trend is not. It’s fine to make mistakes, but it’s a problem if you’re unwilling to admit it and still harbor a sense of luck.

Bitcoin faces resistance at 85.8K, 86.5K, and 88.5K, where one can consider shorting. Support is at 83.5K, 82.2K, and 81.2K, where one can consider going long. Currently, we are in a converging triangle, oscillating and waiting for a true breakout or breakdown to enter on the right side; or we can wait for tomorrow’s confirmation of the tariff policy and a stable market before choosing to enter. Both sides carry risks, so today it’s best to keep hands off and observe the situation.

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