The pancake posture has been empty for two days; there were no trades yesterday or today. This week is heavily influenced by news, and contract traders should refrain from trading. The spot market should remain unchanged, leaving good funds for replenishing spot positions below. Under the influence of news stimuli, do not overly rely on technical indicators to read the market; it is better to observe before making a move. In terms of direction, I still see a bullish trend. Many people still frequently ask why we don't consider shorting. Firstly, taking a currency price of 1 dollar as an example, if it rises to 2 dollars, your profit is doubled, which is one hundred percent. However, when it crashes from 2 dollars back to 1 dollar, your profit is only fifty percent. Secondly, there are funding rates; I haven't seen any currency that can capitalize on funding rates while shorting! Of course, going long isn't easy either; the long positions can be aggressively liquidated and the spikes can be deep, after all, it's real money, especially at the end of the year when many funds need to be rotated. So let's just wait! $BTC $ETH