BTC still has upward space at the moment, and the short-term shorting opportunity is not yet mature. I personally believe that we should at least wait until the price breaks through around 110,000 USD before considering a short. Before that, it is very likely that there will be a补涨行情 for ETH, which may trigger short positions getting liquidated, and then a significant pullback will occur.

It is worth noting that the contract trading of ETH itself carries a high risk. Based on this understanding, since we bought in at the $2420 position and closed the short positions for profit, we have not placed any more orders or market shorted ETH. Instead, we chose to go long on BTC at the $105088 position, and the timing of this decision has been quite good.

In fact, the market trend generally aligns with our previous predictions. This is not purely theoretical analysis, but is based on continuous practical experience. As investors, we need to always pay attention to market dynamics and flexibly adjust our strategies to adapt to the rapidly changing cryptocurrency market.

Of course, everyone may have different judgments about the market. Investors should make decisions by considering their own risk tolerance and investment goals and act prudently. Closely monitor market changes and adjust strategies in a timely manner to achieve good investment returns in this market full of opportunities and challenges.