It's now 2026.05.29 at 0:16, and I'm still holding my long-term BTC short position, no trades made. As mentioned in my previous market analysis, if we break below the safe point of 73588, I'm chasing the shorts because of the bullish net positions that came in within the first box in Chart Two, and the market price shot up. I'm afraid of getting caught and scared off, but looking at the second box with so many bulls entering, the price hasn't surged strongly yet, so I'm feeling a bit timid today. I'll stick to my original strategy and continue to place my shorts at 74900.

After BTC's price broke below 74900 yesterday, it consolidated for a few hours before pulling back to around the low of 72600. Our long-term short position has covered about 20% of the total journey, and according to the strategy, this trade has conservatively yielded about 15% profit for the account. I'm holding on since the position size is small; we've just started. Back to the charts, the MACD daily fast and slow lines have broken below the zero line, and the three-day line's death cross is close to the zero line (this three-day line data is crucial in the long-term strategy). Since we've broken below it, the support and resistance near 74900 have swapped, so according to the original strategy, we’ll boldly place our shorts again at 74900. Since we've broken below, the bulls need a breakout that’s more than just a shake-up; it requires a leap in class, which is tough during a bearish market after a rebound. Recently, the long-short ratio of contracts that I've brought back into trading reference is currently at 1.85, and based on historical data, there hasn’t been a good entry point for longs. Of course, the volatility of about 1800 points is excluded from my trading system. Currently, BTC is hovering around 73100; looking at Chart One, the former support at 73588 has turned into a short-term resistance point, and there’s short-term support near 72500. The rebound momentum is quite weak; the large amount of bulls entering the second box in Chart Two without a strong price increase confirms this. So, I personally think it's not the right time to enter longs. As for a potential long entry point, I recommend support at 70388, with a stop-loss of about 800-900 points. Looking at the left side, the price has oscillated between 70000-74000 twice, so as mentioned in earlier market analysis, we’ll try to profit from both longs and shorts in this range. Whether we can catch a move or how many times we can catch it is uncertain, so I’d suggest going long only when the price hits the right position while sticking to the short strategy.