#BTC The pump cycle that started on November 21, 2022, is currently in a stage of exhaustion, this is a fact, but the longer will not die out suddenly. It is not recommended to short directly here for 2 reasons.

1: BTC and ETH, from a short-term daily perspective, are approaching the support of the life line of the short cycle daily line after a prerequisite pullback to a low point. Generally, when the four-hour chart breaks below the daily line, there will be a counteraction. Whether this counteraction can form a "momentum" needs to be observed.
2: External fundamentals, on November 5th the U.S. Supreme Court will hear the case regarding the legality of the President's "reciprocal tariffs". Previous rulings have determined that imposing tariffs is "exceeding authority". If the Supreme Court ultimately upholds the original ruling, it will be a "catastrophe" for Trump. Last night, Trump himself also made statements about tariff easing.
Note: Even when multiple bullish signals appear simultaneously (4-hour turning bullish + tariff easing + November 5th ruling "countervailing tariffs" illegal), you should not chase, even if there are new highs, you must pay more attention to the risk of a pullback. BTC 129600, November 6th, these are all very critical times and positions. As people age and deplete, everything has cycles. Once a person enters old age, no matter how good the maintenance measures are, they can only delay aging and cannot change the outcome of death. The trading market has cycles for both bulls and bears. Once it enters depletion, the cycle changes direction; it is just a matter of time.
Suggestion: 1: Currently, do not operate in the short term, wait for clear signals from the market. If a long signal appears in the four-hour cycle, the probability of the weekly line turning bullish next week is high.
2: During the rebound process, even if there is an upward breakout on the four-hour or daily chart, it is not recommended to chase in the spot market; only do subtraction, not addition.