This trend is still quite in line with expectations. After breaking the high, just keep looking for opportunities to short. Short-term attempts are very necessary, and it's easy to achieve a risk-reward ratio of 1:3 or above. This round, at the end of Saturday, although the price did not show a significant decline, the current pullback has reached around 10.6, which can completely wrap up small waves and short-term trades.

The daily K-line has started to narrow, but the price still remains above 100,000. The current market at least needs to grind at this high level. In contrast, Ethereum and other altcoins have shown no significant movement, which indirectly reflects how terrifying the current market's draining trend for Bitcoin is.

As we approach the end-of-month transition into mid-year, be cautious of the last sprint phase for the bulls this week. Recently, the focus remains on watching for rebounds. The safest time to short will be when it breaks another high, but pay attention to making small defenses for the first two rounds of entry; don't expect one round to complete everything. Once the weekly K-line's six consecutive up days ends, Bitcoin will officially enter the pullback phase, and the long-awaited price starting with 9 may not be far away...