There is a certain movement in the market and the short positions accumulated towards the $ 27,000 levels you mentioned are starting to be cleared. This may indicate that there may be a reversal or correction in the market. However, it is important to be careful before a close above the red zone occurs. This is a potential indicator that the uptrend is continuing and prices may rise.
Traders who are in a falling channel may consider taking profits at resistance levels. This strategy is an approach that takes into account that prices tend to fall at a certain point and selling pressure may increase at resistance levels. In this way, profits can be made from long positions and the risk of potential losses can be reduced.
However, there are always uncertainties in financial markets and it is difficult to predict future price movements with certainty. Therefore, it is important to continue monitoring the market and adjusting your strategies accordingly. Following the guidance and market analysis of a professional financial advisor can help you make more informed decisions.