Bitcoin this morning closed with a long upper shadow and a solid bullish candle, maintaining a sideways trend over the weekend at high levels. Based on the rhythm of this wave of market movement, long positions were exited at around 8.9, and completely cleared out by 9.06. During the rally phase, a gain of 2600 points was achieved, almost exiting at the peak—such precision is not common.

Subsequently, a short position was placed at 9.02, waiting for a natural pullback in the market. From the candlestick pattern, Bitcoin has fully demonstrated a W-bottom with a 1:1 proportional rally, breaking through the descending trendline of the converging triangle and moving upward. The key question now is: can it face resistance again in the 9.02 to 9.06 zone?

If a pullback occurs, the targets are 8.85 and 8.75. For traders without positions, they can consider placing shorts in the 9.02 to 9.06 range or enter at market price with a stop-loss set at 9.2 for clearer risk control. Conversely, if Bitcoin establishes support between 8.85 and 8.8, consider accumulating a long position with a stop at 8.7, and set targets near 8.95 and 9.02.

This dual-thinking trading framework requires close observation of the actual performance of resistance and support levels. The market constantly tests these key prices, and each confirmation or breakout can trigger a new round of directional choices. The key is to be prepared to adjust strategies at any time and avoid being bound by a single direction.