It is expected that there will be no significant depth fall before the end of the month, and the market still has rebound space. The real trend decline may start in November, so the current rebound high point will be an excellent opportunity for you to build a position for a counter-trend short. Whether you can return home with a full load by the end of the year depends on whether you can seize this chance to build a position. Without the protection of a short order, you will likely only be able to follow passively at that time.

Specific operations:
The initial Build a Position range for the short order on Bitcoin (BTC) is still set at 113500-116000.
From a short-term perspective:
Pay attention to the 111000 resistance level today. If it successfully breaks through, there will be an upward continuation during the day; if it cannot break through, it may fall back to the 106000-107000 range to seek support.
Therefore, the long order strategy is:
Either chase after a strong breakthrough at 111000, or patiently wait for the price to fall to the support zone before looking for an opportunity to enter.

The current market focus is on the contest for the short-term resistance level of 3970. If it can effectively break through and stabilize above 3970 in the near term, the upward momentum is expected to strengthen, further opening up space for testing the key resistance area around 4200.
Based on this, the idea for medium to long-term positioning is to gradually look for opportunities to build a short order in the 4050-4150 range, in order to bet on a possible trend reversal.
On the contrary, if the price repeatedly fails to break through the 3970 level, then one should be wary of the risk of a pullback. You can patiently wait for the price to fall back to the support range of 3830-3750, and then choose a good opportunity to enter, riding a wave of rebound market.