Looking back at last week's trend, the US stock gap failed to continue rising and instead entered a period of consolidation. It is still possible to break through the 24,000 level, with Bitcoin following up to around 98,000. Since it is still some distance from the round number of 100,000, there is no rush to short.

From a technical perspective, after the next correction, there is expected to be at least one more wave of upward movement, with the target area approaching 100,000, more specifically below 104,000. The time window is most likely between mid-February and the end of February, but the end of this month or early March cannot be ruled out. Of course, it is also possible that the price could reach 100,000 next week or even the week after.

This level is the best entry point for shorting this year, but be sure to control your position size. Don't greedily add too much leverage; low-leverage short positions can be held long-term. In times of high price uncertainty, start with a light position at this level to leave room for adjustment. When the price hits a new high again and approaches last week's line, gradually add the remaining short positions.