On Wednesday morning, it is not recommended to chase longs at high levels for Bitcoin; the rhythm leans more towards shorting first and then going long.

After the May Day holiday, the market has returned to its trading rhythm. Since this month, the overall atmosphere has noticeably warmed up, and Bitcoin has experienced a stair-step upward trend, with the current high point reaching around 81,700. Although the bearish process has been quite painful, the market is not a one-sided crush; each rally is accompanied by a pullback correction. As long as the rhythm is well-controlled, short positions also have profit potential.
From the current structure, there have been multiple attempts to test the upper levels overnight, but the continuation of the breakout is not strong; more often, it’s a repeated test during oscillating upward movement, without forming a truly strong one-sided trend. The four-hour timeframe has indeed maintained an upward rhythm since rebounding from 74,900, but short-term indicators are showing signs of overheating, especially as the KDJ enters high levels and begins to signal a reversal. In this case, chasing longs again has a low cost-performance ratio.
The trading idea is now clearer: wait for a pullback to release risk, then consider low-buying for more safety.
In the morning, you can focus on placing staggered short positions around 81,500-82,200, with targets first set at the 80,000-79,000 range; if the price pulls back without further breakdown, then look for opportunities to reverse and go long. $BTC ‌#比特币站稳8万关口