$BTC is a serious post, the price of btc moves according to contract positions, because everyone is aware, once the direction is determined, what is direction? It means that what was originally falling suddenly rises against the trend, preparing to trap the shorts, continuing to move upwards, waiting for you to add short positions, which will lead to even higher movements. During a downturn, there is no stop, similarly waiting for you to add long positions, then it falls to a deeper position, waiting for you to be unable to buy back, quickly pulling back to change the trend. Therefore, the strategy for bitcoin is to lure shorts at high positions, accumulate short positions, and continue to rise, pulling to a point where shorts can't bear it, reluctantly giving a wave of pullback. If during the pullback, it still accumulates more shorts, then it will continue to rise. As for the current price, in my personal opinion, it has not reached its peak yet, because the pressure from shorting is not significant, so it belongs to the high-position short-luring phase, especially in this kind of gradual fall, a 99% chance it’s a short trap that will violently rebound. The suggestion is to go long at the current price; the position at 109150 is a very good entry point, going long is like giving away money. Currently, it will repeatedly test the short positions around 110000-112000, and within a week, the price will not drop below 108600.