BTC just made a strong breakout from 78K up to 86K, but the current price is already in a quite high range, while trading volume shows clear signs of weakening. Going long at this moment is no different than jumping into the middle of a FOMO wave – the risk of hitting the peak is very high.
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Personally, I am leaning towards waiting to short, but I won't rush. A clear signal from the market is needed to confirm a reversal trend.
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Areas to watch closely: – If BTC loses the 84,600 mark, it may very well start forming a lower high – lower low pattern. – Only then would be the ideal time to take action, as it is safer and has a higher probability. The market always has opportunities, but they are only for the patient. Don't let emotions deceive your decisions. Wait for the right time – wait for the right point – then invest.