BTC suddenly rose by more than 1000 points, this kind of one-sided upward trend is very appealing to trend traders, allowing for continuous profits with minimal drawdown.

But I am a swing trader, and this kind of market is not suitable for me; I can only continue to wait.

There are two possible scenarios for BTC's adjustment: a rapid decline back to the moving average, or a long period of sideways movement.

To judge the timing of entry, focus on the MACD indicator, especially after the MACD double line death cross, when it falls back to near the zero axis (at least a half retracement), that will be the time to enter the market; for now, I will continue to observe.