The pullback of BTC last night was not significant, or we can say that the drop in the past few days has not been large. Overall, it has still risen a bit more, but most of the time it has been maintaining high-level fluctuations. We can only say that both long and short positions can gain some profit in the short term.

Now that it hasn't fallen for a long time, it shows that we still have to wait for the pullback. Whether there will be another surge or if it will start to fall directly may depend on tomorrow.

Market analysis

Firstly, the 4h level has completely broken out of the downward trend since 110k. So I personally believe that it is impossible to create a new low next. As for whether it can go single-sided directly, considering the current trading volume, it might happen, but it's not very likely. However, for players who are looking to long in the mid to long term, as long as they ensure that the forced liquidation is below 74k, they will definitely be able to achieve ideal returns in the next few periods. Being a little cautious, they can also ensure forced liquidation is below 70k.

Moving to the 1h, to be honest, after writing short for 3 consecutive days, but it hasn't shown the expected pullback, it has fully demonstrated that my judgment on the 1h trend is incorrect. However, even if the judgment is wrong, in terms of operation, one should not be indecisive and can only choose to continue shorting. No matter at which point the entry is made, just set the stop-loss between 86100 and 87000, and then patiently hold the position. If the subsequent 1h pullback can occur as expected, it should at least retest 80k once, and if deeper, it might go to around 78000.

Short-term

From now until tomorrow morning, there definitely won't be any left-side opportunities at the 15m level. However, if it breaks below 84000, chasing a short position is absolutely fine. At least you could gain a space of 500 to 1000 points. Make sure to set stop-loss, and it is also possible to directly reach 80k.

Direction: Long

Buy point 1: Around 80k

Buy point 2: Around 78500