Recently, Bitcoin is in a phase of shrinking volume and retesting support, and the short positions held are still in place. The 945 level is very critical, so keep a close eye on it—especially watch whether the daily closing price will break below this line. If it does break, it essentially signals the end of the rebound, so be mentally prepared.

Conversely, if the price shows a pin bar around 940 and is then pulled back above, that would be a pretty good opportunity to go long. This kind of movement usually provides plenty of trading space.

The current trading strategy is to continue holding short positions while closely monitoring the 94 area for signs of a reversal or pin bar. The long position at 955 mentioned in the analysis a couple of days ago has already been successfully taken profit on, and now it’s about seeing whether 945 can play out as planned.