#Bitcoin Market Direction Thoughts
1. Bitcoin starts, aiming for 100,000 before stopping, a strong blood-sucking rise, apart from on-chain #memecoin, no one else can rise;
2. Bitcoin moves sideways with a slight increase, quality coins begin to rebound, attempting to chase the rise, leading to sector rotation, established public chains, hot coins, metaverse;
3. Bitcoin dips, the second in line #Ethereum strongly catches up, most altcoins enter a strong phase, following down but not particularly deep, rebound speed is quite fast, trying to continue sector rotation;
4. Bitcoin rises again, whether it sucks blood or not is not important, the main thing is to reach a new high, which will bring the market to a peak again, creating a scene of short positions hitting stop losses and long positions chasing in;
✨ If steps three and four are completed in a short time, the market's FOMO sentiment will be triggered again, which could be dangerous, likely leading to a rapid drop that kills long positions and cuts into long positions, and then hitting stop losses or even liquidating high position short orders.