How will the high-level sideways movement play out as we迎来Friday, will it be black or red?

Recently, the trend has been rising at the beginning of the week and falling towards the end, but this week's unexpected sideways movement has left many friends confused. However, Yingjie still remains optimistic about the pullback, adjusting with a mindset that trades time.

Bitcoin has surged from 98,000 to around 108,000, a rise of about 10,000, which is undeniably strong. High-level adjustments have replaced declines, but Yingjie believes this is only temporary, and a correction will definitely occur.

The ideal short position should be around 109,000, which is also the high point of the previous decline. Recently, Bitcoin has repeatedly tested the 108,000 mark and pulled back, but will the market give you a chance to reach 109,000? It definitely won't reach the ideal position before pulling back. For example, in this round of increases, how many people really profited? Right, there was no pullback and not many opportunities to jump in.

Those holding short positions should continue to hold, looking at 106,000. If it breaks, continue to hold...$BTC