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Yesterday's thinking was completely validated. After a surge in the morning, the pullback was not deep, and the short-term support level remained solid, followed by another upward push. This morning, BTC briefly touched around 94,700, then pulled back slightly before continuing to rebound. Our rebound short strategy was well-timed, easily capturing over a thousand points in profit.
Currently, the price is supported at 93,000 and is starting to move upward again. From the daily chart, the overall retracement is still moderate, which means there is still potential for another push towards the upper resistance levels. The key is whether it can hold above 95,000 tonight—if it keeps hitting resistance, the opportunity to go short will arise. At that point, focus on the performance at this level; the risk-reward ratio for going short from a higher position will be more attractive.