The core point for judging the current market situation of Bitcoin is that it is still in a state of volatility, not a trend. To be precise, from an analytical perspective, the main operating logic is to go long when the front low support is combined with a key bullish signal, and short when the front high pressure is combined with a key bearish signal. More importantly, during the execution process, it is important to prioritize profit taking and not overthink it. Follow the plan. Bitcoin has fallen by $3000 since its 4-hour overbought signal, and this decline is very friendly to short-term short selling in terms of both magnitude and liquidity. If you still hold a short position, it is recommended to take a profit first, lower the stop loss, and wait for an oversold signal before completely closing. If you want to go long, the low suction position I am currently focusing on is in the EMA100 area. bitcoin