After a week of rising trends, Bitcoin continues to fluctuate.

Question: So is the current situation more favorable for long positions or short?

Answer: Long on pullbacks, with Ethereum support at 2540; if it breaks below, there will be a small waterfall.

Question: I'm stuck in a short position, can you help me think of a bearish script to comfort me!

Answer: If we can see a price breakout to a new small level high, and eventually experience a false breakout, this may encourage the accumulation of nearby bullish liquidity and increase the overall leverage on the bullish side, making a turn possible.

Question: I'm stuck in a long position; is there hope for a continued rise after a new high?

Answer: The current conditions are not optimistic; the price lacks fuel for upward movement, and the same goes for downward movement. If we see a new high, it's advised to take profits first and then observe. If no false breakout occurs, one can re-enter; however, if a false breakout occurs, a continued pullback may happen. It is strongly recommended to set a rigid stop loss at 100800.

Question: Can we still chase meme coins at the moment?

Answer: Those currently in profit should remember to take profits; the hype around meme coins will fade, and chasing rises is not advised. Wait for a pullback to go long.

The entire market is currently in a state of pullback, and mainstream coins are not expected to drop significantly; fluctuations will continue into next week. This trend mainly serves to consume trapped positions and profit-taking, which can be quite tedious. Patience is required for those stuck in long positions.