$BTC 12.26 Bitcoin Price Today: Bitcoin is currently trading around 87,000. The first clear advice I can give is that today you can start considering short positions.

The reason why I didn't provide a clear direction in the past few days is because there were always two possible scenarios structurally. As of today, these two possibilities have shown a clear divergence. The red route is almost confirmed, and the overall direction is becoming clearer, indicating that the market has entered a downward phase.

From a structural perspective, the rebound from the 84,398 level has now been officially ended. What follows is a downward movement, at least a three-wave decline. According to the current pace, there is a high probability of testing downward and breaking below the lower channel boundary. Therefore, the strategy here is to short from the current position, targeting the lower boundary of the channel, and observe whether it breaks effectively.

In summary, the rebound from the 84,398 level has now been officially ended. The current price around 87,150 suggests opening a short position.