Last week, Long Ge mentioned that Bitcoin would rise back to around 88000-90000, suggesting shorting in this range. Now looking back, Bitcoin's afternoon high was 87777, still not touching the resistance level!

Today's rise should be attributed to safe-haven funds pouring into gold, boosting everyone's buying sentiment, allowing Bitcoin to also benefit. Currently, everyone is watching the drama surrounding the Golden Retriever tariffs. Long Ge actually thinks Trump is a successful businessman and should not be a president. He has been influencing Bitcoin's rise and fall since taking office, profiting massively from it. Later on, Long Ge believes he will still push for a significant increase in Bitcoin, as his current U.S. debt crisis can only be resolved through Bitcoin. Therefore, in the long run, Bitcoin is still expected to rise significantly, but every sentiment will have its ups and downs. Continuous rising is not healthy; only significant drops create opportunities for large increases!

At this stage, we are still watching whether the key position of 88000-90000 starts to decline. As long as it declines, then 85000 is a basic position, and the space for decline is 88000-83000, a 5000-point range! Currently, we are watching whether it will break through the 90000 resistance tonight; if it breaks through, it will turn upward! And those still shorting should be cautious!