Market observation at noon!

The current strategy is to wait for a retracement. Before confirming the rising structure, there needs to be a higher low point as support for the retracement. The market is currently in the breakthrough stage, and there has been no effective retracement.

This strategy can be called "short but not short", because in an upward trend, it is difficult to predict when the price will rise to a certain level and be blocked and retrace.

The risk of shorting is high, so choose to wait patiently for the price to retrace to the support level, and then go long.

The suggestion is that if Bitcoin pulls back to around $64,000 but does not fall below this position, you can consider going long, and the target continues to look at around $65,750.

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