The market has been predicting that a rate hike in Japan would cause a sell-off, but what’s the result? Bitcoin not only didn’t fall, but instead continued to rise. It seems this expectation has already been largely digested by the market, and the current trend has entered a relatively normal rhythm.

From a technical perspective, the four-hour chart shows that BTC’s bullish momentum is quite strong, firmly staying above the 2125 moving average, which is currently a key support level. For those looking to short, my advice is to be patient and wait — the 905 area could be a more suitable entry point. Going short directly now carries significant risk. It’s better to keep observing and wait for a proper shorting opportunity before taking action.