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Bitcoin's price today experienced significant fluctuations, with a short-term gain and loss of 3%. The bears were just pushed back, followed by a strong bullish candlestick, indicating that the short-term bullish momentum is dominant. From the 4-hour K-line structure, the trend appears relatively strong, and the current price level is not suitable for continuing shorting to top out. Next, it is necessary to observe the certainty of the subsequent breakout and wait for clearer signals before re-entering.