Looking back at this wave of market movement, the analysis logic of support and resistance levels has been basically validated— the resistance zone was completely broken through, and there was no expected breakout and pullback. Instead, the closing price continued to stay above the resistance level.

From the perspective of going long at 90400, rising to 93400 yields a 3000-point profit, and taking profit is a rational choice. Breaking through 94300 satisfies the conditions for a right-side long position, pushing all the way to 97000, which is also nearly a 3000-point profit margin. The market actually provided very clear signals.

But what's interesting is that some traders rush to open short positions without seeing a confirmed breakout and pullback, and stubbornly refuse to cut losses. This issue has actually been emphasized repeatedly— when the closing price is above the resistance zone, short positions are inherently problematic, and one should consider stopping loss immediately, or even reversing to go long. Setting stop-loss is just a matter of a few points, but the result is a big loss due to overconfidence.

This round of market movement, from the bottom support zone at 90400 to multiple entries at 93400, and then the opening conditions at 94300 and 93400, the logic is all laid out here. If there's anything you don't understand, is it better to communicate the problem promptly? $BTC