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Bitcoin's recent rally to around 95800 seems to be clearing out short positions. The key is what happens next—if it really drops sharply, that will present a genuine trading opportunity.
From a technical perspective, the plan can be outlined as follows:
**Main Strategy (Focus on Shorting)**
Gradually short in the 95750-95950 range, where resistance is clearly visible. Place stop-loss at 96350. If the price stabilizes above this level and the 4-hour trend reverses, then accept the loss and exit.
Take profits in two stages: first, close part of the position at 95050; the remaining position continues downward toward 94250.
**Alternative Plan**
If the price breaks below 95000 (1-hour candle closes), wait for a rebound back to 95000 before shorting again. This approach helps avoid the risk of chasing a move on the right side.
The core logic is: don't bet on it continuing upward; instead, patiently wait for the bulls to exhaust their firepower before counterattacking. Manage your position size carefully and proceed cautiously.