MSTR closed up 6.63% on Tuesday, with BTC quickly rising to 96800 in the early trading session. This kind of structure usually does not immediately complete a Fibonacci retracement in the morning; instead, it consolidates at high levels first and digests the gains, which is a normal rhythm for a strong market. The actual retracement is more likely to occur in the afternoon.

Today's strategy is very clear:
Only look for long entries on retracements, do not consider short positions.
The reason is simple: the risk-reward ratio for shorts has already been compressed, and the larger-scale rally is not yet complete. As mentioned last night, a weekly-level rebound is underway. If BTC is to go short, it should wait for levels around 98800–101300 for the structure to develop, not now.

Focus on the 95000 level during the day; as long as the retracement does not break below and there are remaining positions, you can add 1x.
Strictly set the take-profit zone between 95750–96800.
Among them, 96800 is the high point in the past 24 hours. Do not be greedy when first touching it.
For those already out of positions and more conservative, patiently wait for a normal retracement confirmation. This wave has pulled over 5000+ points from the low, with a retracement of 2000–2500 points, which is a very standard and healthy correction zone.