Bitcoin has experienced two waves of declines near the high point of 95,000. Those who have read Long Ge's previous article should understand that Long Ge's trading strategy is to short at the 95,000-96,000 range!

Bitcoin surged 5000 points overnight last night, which should be related to the upcoming adjustments in tariffs. Today's market can be said to be in a sideways trend. Yesterday's article already indicated that if Bitcoin breaks through 90,000, then shorts will have to liquidate massively, and indeed, 250 million was liquidated in 24 hours!

Now there are a few very important pieces of news. One is that India and Pakistan are about to go to war, and Pakistan has even prepared nuclear weapons; the news is very explosive! The second is that Trump has called on Putin to cease fire. Is the world entering another tense moment?

At this point, we need to see if the high point of 95,000 can be broken and whether 90,000 can be held. The trades in between are very uncomfortable, as the current market will likely fluctuate within this range, and a bad mindset can easily lead to stop-losses. Long Ge's approach is to wait to short at the high of 95,000-96,000, with a stop-loss at 96,800!

When trading, one must set stop-losses. Last night, Long Ge's trade opened a short at 89,500 and also lost at 91,000. Losses are not scary; what is scary is holding onto a position until liquidation! As long as the timing is right, profits can still be made!