$BTC Currently, it seems that Bitcoin has finished its bottoming pullback and is preparing for the second wave of the bull market (historical similarity). In the medium to long term, it is not suitable to short anymore. It is better to wait for a pullback on the daily or four-hour charts before going long. The ideal pullback position for this wave of increase is around 88000—89000, but it seems difficult to reach that level in the short term. After such a level of increase, it is highly likely to experience a period of low-volume inertia increase before any pullback occurs. At the current price level, shorting is unnecessary; one can wait for a small support on the hourly chart to catch a segment of the inertia increase, but for heavy positions, it is better to wait for the pullback to be in place.