Last night, Bitcoin rapidly spiked up to $91,200. This movement reveals two signals worth paying attention to. First, the $91,000 level is very likely the current bottom support—traders are clearly accumulating here, and spot markets are actively absorbing. Second, the subsequent decline could be even deeper.

Regardless of the scenario, friends shorting Bitcoin should add positions above $91,000, while keeping in mind a key number—the liquidation price must be set above $100,000. What are the benefits of such a setup? In the short term, without major negative news, the market is unlikely to break through the current price range. Conversely, without substantial positive news, it’s unlikely to see a significant rebound. Volatility is the most probable rhythm moving forward.