In the recent days of volatility and pullback, short sellers are continuously building positions. Currently, a large amount of short liquidity has accumulated at 102k and 104k, which, compared to the long liquidity below, indicates that the liquidation prices for the shorts are clearly more concentrated;
Such dense short liquidity will ultimately need to be liquidated. Therefore, if the price can continue to pull back, gradually going long in the range of 92000~86000 is a good strategy;
From 60000 to 100000, a pause is necessary regardless of the circumstances. Even if a peak is reached, there will at least be a period of volatility (1~3 months). During this time, a swing trading approach can be used, and after enough time has passed, the next trend can be reconsidered;