$BTC Overall, continuing the upward trend from Friday, there is a strong rise, and even though many people are optimistic, few dare to think that it will break 108,000 today. After all, the trend is to take it step by step.
Looking at it unidirectionally, the expected adjustment near 107,900 remains on hold. It's almost 3 AM, and the rise has not even reached 800 points yet. Such a trend will leave anyone puzzled, whether you are bullish or bearish; being short means missing out, and being long may lead to exiting midway. What remains is a tough wait. You shouldn't deny it; I am just expressing your inner thoughts. This is the mentality of retail investors...
If it rises further, it will reach 110,000 again. At this stage, can we try shorting? I think we can still do it. We can use a light position to aim for the maximum gain. Anyway, I won't chase the highs unless it directly hits 110,000, then I will fully accept it; otherwise, I will wait for a pullback before re-entering.
Light short in the 108,500-109,000 range, targeting near 106,000.
In the 2,580-2,600 range, aim to target near the 2,500-2,520 area. $BTC