Bitcoin's current market cycle is still interesting. After the holiday ended yesterday, it continued to crawl upward slowly and is now stuck around the 94,500 level. This position is very critical—over the past month, BTC has been cooled off at 95,000, and each time it approached, it was pushed down.

My approach is as follows: since 95,000 can't be broken easily, then boldly go short. Enter a short position near 94,500, set the stop loss at 95,000, and a 500-point volatility is enough, making the risk-reward ratio truly unbeatable. The target levels for the short are around 92,588, 90,888, and 89,588, taking profits in batches.

But be mentally prepared—what if this wave really breaks through? If 95,000 is firmly broken and stabilized, then immediately cut losses and switch to long. Re-enter long around 94,700 after a pullback, with a stop loss at 94,000. This opens up space above, allowing for staged entries targeting 96,588 and 98,888.

If you want to avoid the risk of chasing a short, there's another idea. When the 94,400 trend becomes clearer, you can directly go short at market price with a stop loss at 95,000, targeting the same levels: 92,588, 90,888, and 89,588.

For bullish players, my advice is not to rush. Although 89,888 and 92,388 have already formed support, entering long in the middle of the 89 to 94 range isn't very cost-effective. Better to hold at 98,588 and wait for a good opportunity to enter all at once. For the more aggressive, you can start with a small position at 90,888 to prepare for adding more later.

If entering long near 89,588, set the stop loss at 88,888, and take profits in three steps: 91,588, 92,888, and 94,100. This way, you can participate in the rebound while keeping risk under control.