Bitcoin has temporarily pulled back 1000 points, already dropping to 108500. It is expected to further adjust downwards, but it is currently unclear how far it will fall. Since a downward trend has begun, we will observe the situation. The pullback in a bull market is to prepare for the next rise. Overall, it is advisable not to short in a bull market and not to go long in a bear market, because once a judgment is incorrect, the process of holding the position can be very painful. Going long in a bull market, holding the position will eventually turn a loss into a gain; going short in a bull market, holding the position will ultimately result in total loss!