$BTC 12.8 Bitcoin Price Today: Bitcoin is currently around 90,018. Today's first trading suggestion is very clear—open a short position here. Remember, this is a short-term short, not a major trend short. The short we're taking now is just to catch this small downside move. Once this move completes, we'll look to go long on the next C-wave rebound, meaning we'll go long on the next upward retracement.

Now let's look at last night's detailed structure. Last night, the market suddenly made a very quick rebound and then ended just as quickly. This kind of structure usually represents a small-scale C-wave in wave patterns. In other words, the rebound from the low is a small ABC structure, and the previous drop from 94,000 was also an ABC structure. With two consecutive three-wave moves, it's highly likely that the third three-wave move is coming up, with the small-scale downside C-wave just ahead.

In summary, the current plan is to take profit on the short around 87, then switch to a long position in the 87-86 range for the final C-wave up to around 97.