The current bullish move appears to be approaching the end of its corrective phase.
Price has rallied from the $57,735 low, creating a series of higher highs and higher lows and pushing into the $87,432–$90,364 resistance area.
My focus now is on the current swing high.
If price takes the current high and either sweeps the liquidity above it or forms a new high, I will be watching closely for signs that the bullish correction has completed and that the bearish move is preparing to resume.
The idea is not to short simply because the high is taken. The high being taken would be the area of interest; confirmation of a bearish reversal would then be required.
Key sequence:
Bullish correction → Current high taken → Look for bearish confirmation → Potential bearish continuation
For me, the important point is that the bullish move needs to complete before the next bearish leg can be confirmed.
This is my market structure analysis, not financial advice.