The current performance of Bitcoin reminds me a lot of when it was at 70,000.
After March $BTC 3, it reached 70,000 USD, but it wasn't until November that it truly broke through this significant barrier, with a time span of about seven to eight months in between. The current feeling of 100,000 USD is very similar to that situation, so I believe if the price continues to rise to around 100,000 USD, it may be wise to short at that high point. Opening a short position at this level appears to have a good chance of success overall.
Moreover, every time Bitcoin approaches 100,000 USD, there tends to be a drop of about 5-10 points. Therefore, when the market and price get closer to 100,000 USD, it might be worth considering to gradually build up short positions to hedge against the decline in the spot market.
Of course, spot trading can also be done in waves. When Bitcoin approaches 100,000 USD again, it might be a good idea to gradually take profits.
You don't have to hold onto spot positions indefinitely; I believe that realizing profits is the true form of profit. Returning that money to life, buying something you like, is the real purpose of our trading.
