Update on BTC analysis: the price has been continuously rising recently. Although the short-term level is showing divergence, after the consolidation phase replaced the downward movement, the price surged again, clearly indicating strong bullish momentum. Yesterday, those who shorted at the high level expecting a pullback before reversing to go long didn't see much pullback, so it's better to wait for a better opportunity to consider entering a short position.
Currently, we are still in the upward phase following a breakout from the triangle pattern, and the top hasn't been reached yet, suggesting that another higher peak is likely to form. The current structure shows signs of an ascending wedge, provided the recent high around 98,000 is broken.
Once the recent high around 98,000 is broken, the price will likely accelerate upward again, with the peak probably reaching around 100,000 before starting a downward trend. Therefore, it's advisable to wait for confirmation of the pattern before taking action. The risk-reward ratio for going long is no longer favorable; instead, consider entering a short position only after a top signal appears. For now, place a limit order at 100,000. If the market weakens, it might reach a minor peak or second-highest peak before reversing downward.