$BTC Intraday thoughts:

BTC is currently consolidating at a high level on the smaller timeframe, displaying a triangular convergence pattern. If it releases volume again and pushes higher to 76-79k, the appearance of a long wick on the smaller timeframe would signal weakening bullish strength—that's when to enter short positions. Pay attention to Powell's speech this evening regarding its impact on market direction. No rate cut in March is already a done deal. Short entry zone for empty positions: 76-79k, with 80k as a key resistance level.( If there are short positions with strong liquidations and under safe conditions, consider scalping (doing 1/4 position trades) in this zone.) Currently not recommended to participate in longs. If the smaller trend reverses following the larger trend's bearish direction, you could end up locked in for half a year!!!