$BTC Trading cryptocurrencies really affects my sleep.

After a good sleep, I either wake up to surprises or shocks.

Yesterday BTC rebounded to 108200 for profit-taking.

Fortunately, I acted quickly.

However, I am holding a short position, and it’s the same short position I was stuck with last time.

From the chart pattern, BTC has not stabilized yet, so don’t enter the market in the short term.

I mentioned before, if BTC breaks below 106500, it will drop to around 100K.

This has formed an M-top, and the probability of dropping to 100K is very high.

They say I shouldn’t talk so far ahead; some people want to get rich quickly, and those who were originally making money end up losing due to the market structure.

So, I can only say that for short positions, everyone should take profits in batches, maintain a structured approach, and focus on preserving capital, which is better.