$BTC The large pancake has come down from the peak. The weekly chart has met the completion conditions, and we are now observing the daily chart. The next segment of three movements has also been completed, but the divergence is not obvious. The bottom divergence rebound on the 4-hour chart has already started, so the second rebound at the weekly level could unfold at any time. Although it's still uncertain when and how strong the rebound will be, the risk of shorting is very high! Conclusion: At least tonight, do not short; the same goes for other coins, as shorting carries high risks. If, after a weak rebound, the daily chart makes a new low with divergence, going long would be a relatively certain opportunity. In summary, waiting is a wise choice, or consider operating at levels below the 4-hour chart.