#比特币 Bitcoin has already entered the range for taking profits on long positions. According to the key level that needs to be verified below at 65900, whether looking at the 10,000 USDT channel or a 10,000 USDT pullback, above 65900, continuing to hold long positions no longer makes much sense, and taking profits in batches is the better strategy. The current short squeeze momentum is not certain, and while bearish sentiment exists, opening short positions is not recommended. The key level maintaining this current short squeeze momentum is 73200, which is also the extreme boundary limit that can be tested while maintaining high-level consolidation or the short squeeze momentum.