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The hourly chart for Bitcoin shows a bullish structure with a strong trend. Do not blindly short.
The current market has upward breakout momentum. Short positions should wait patiently for right-side signals and avoid pre-judging a top.
Wait until the price shows a clear top pattern and volume-price divergence before considering short positions.
Even in a bear market environment, strong rebound rallies often occur. Shorting prematurely against the trend can easily lead to liquidation risks.
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