Bitcoin surged near 94,000 and then started to decline, completing the CME gap fill. Last night saw a rebound, but the magnitude was small, and overall it remains in a consolidation pattern.

There are actually opportunities in this kind of market. If you want to go short, the 94,500 level is a good entry point. Set a proper stop-loss to give your position enough room to adjust.

Conversely, for long positions, consider building a position around 91,500. The support at this level is quite clear. You can flexibly set your risk-reward ratio, whether 1:1 or 1:2, as long as it aligns with your risk preference.

The upcoming days' volatility is worth closely monitoring. Don't rush to all-in; deploying in batches will be more prudent.