With the continued heating of the Crypto Assets market, the price of Bitcoin has once again garnered widespread attention from investors. Although the current long positions momentum remains strong, from a technical perspective, Bitcoin has entered the Overbought zone, which indicates that it may face pullback pressure in the short term.

For night traders, this may be a cautious opportunity to position short positions. It is recommended to follow the 1165-1170 USD range as a potential entry point for shorting, while also looking at the 1140-1145 USD range as a possible support level.

It is worth noting that although the market may face adjustments in the short term, the long-term development prospects of Bitcoin are still promising. Recently, there have been reports that the regulatory environment is gradually improving, which may attract more institutional investors to follow Bitcoin.

However, investors still need to remain vigilant and closely follow market trends and changes in macroeconomic factors. The high volatility of the crypto assets market means that whether going long or short, strict risk management strategies need to be formulated.

Overall, although Bitcoin may face a pullback in the short term, this could also provide better entry opportunities for long-term investors. In any case, thorough research and analysis should be conducted before making any investment decisions.