The overnight Federal Reserve interest rate decision has lowered rates as expected. After the Federal Reserve's interest rate decision, there was an initial drop for profit-taking, and the expectation of rate cuts has materialized. Bitcoin is now experiencing resistance and moving within a range. In the early session, we should continue to technically adjust short positions at high levels.

After a strong rebound yesterday, it is highly likely that we will start to see a range-bound market again. Since the market has not reversed and is under pressure at high levels, we will continue to short at high levels and look for a range-bound decline.