Wednesday Market Review and Future Strategy

Last night, when I woke up, Bitcoin had already broken above the 96,000 level, and the overall trend logic was basically in line with previous predictions. The spike in the early morning indeed caught many people off guard.

This is also why I have been emphasizing the importance of setting stop-loss orders—markets can surprise us occasionally, and having a defensive line in advance can turn danger into safety.

Recent policy developments have indeed been warming up. After the Trump team signaled a preference for rate cuts, I promptly adjusted my outlook from cautious to bullish. The expectation of rate cuts has just begun, and there is still considerable room for upward movement.

But don’t get too excited too early—recent signals from the Bank of Japan suggest a possible rate hike, and global risk sentiment has been rising. Plus, the quick pulse-like surge in the early trading session was clearly a trap to lure buyers. Under this rhythm, it’s not advisable to chase longs at high levels; wait for a pullback before participating more safely.

**Reference Strategy**:
- $BTC: Consider short positions around 96000-96800, with an initial target of 94000
- $ETH: Consider short positions around 3340-3380, with an initial target of 3280

Remember, managing position size and stop-loss orders is always the top priority.