BTC's recent performance is still worth reviewing. In the short term, after breaking through the previous consolidation range, the price clearly accelerated upwards and is now stable above 90,000, forming a certain support level. The short position taken before the holiday was based on a prediction of a pullback to the lower boundary line. At that time, I didn't expect the price to rebound after touching around 87,000, and ultimately, the position was stopped out.

Looking at the current pattern, BTC has already completed the breakout, and the short-term upward momentum remains sufficient. There may still be opportunities for accelerated gains later. However, it is important to note that the range of 94,000-95,000 above is a strong resistance zone—this is a recent high point within the past month, and multiple touches have been suppressed there, so the resistance should not be underestimated.

From a 1-hour perspective, the price may retest the upper boundary of the previously broken range as support. In this scenario, it is likely not to break downward, though there is also a possibility of oscillating rather than sharply retracing, followed by continued upward movement.

My personal view is to wait until the price retraces to the 94,000-95,000 range before considering entering a short position. From a cost-effectiveness perspective, this is a good entry zone. If the market jumps past this level and continues to rise, I will update my strategy based on new developments. That’s the current outlook.