On the current 4-hour chart, the RSI indicator shows an overbought condition,

and the price has reached the top of the range, encountering resistance.

However, it is important to note that the current price is not close to the channel boundary,

therefore, the overbought signal from the RSI alone is not sufficient reason to short.

The reason is the lack of a clear reference point to support the short decision.

Unless investors have pre-set short positions at the top of the range,

otherwise, in the currently continuously rising channel,

a more prudent strategy is to look for entry opportunities near the bottom of the range and below the channel.

These positions are considered relatively safe

because they allow for clear stop-loss points to be set—

with the lower points as stop-loss references.

If one shorts recklessly at the current position,

it is akin to blindly trying to catch the top, and the exact position of the top is something no one can predict accurately.