First, looking at $BTC on the weekly level, it seems like a fake breakout. Right now, it’s just a bull trap to liquidate shorts. After the liquidation, it will likely drop. Considering there’s no weakness on the smaller timeframes, it’s possible that enough short positions have accumulated, and it might continue spiking up to liquidate more shorts. Plus, $BTC is now at the top of the range, previously hovering around 90500 with repeated fakeouts. So, don’t chase the highs. This is just a rebound, not a reversal. For now, place a short at the resistance level to play it safe.