All short positions in the range of $BTC 105800-106100 have been liquidated. The idea of rising first to liquidate short positions is completely fine. Now, with the BTC price at 106300, the bullish momentum remains strong. If it can maintain above 105500 before the US stock market opens, the next step will be to challenge the resistance level of 106800-107200.

The rapid rise of contract CVD within an hour for BTC indicates that the current market is still driven by contracts pushing upwards. Furthermore, the US stock market may open lower and then rise, creating an opportunity for a good short position! I have been waiting for shorts, and going long is just taking advantage of market rebounds. However, it's good that I managed to catch it.