The stop-loss has been triggered, and the upward momentum is very strong. I'm not going to open a new position to test the resistance to avoid another wave of increased volume. Currently, the position of Bitcoin is definitely overbought, and a pullback is expected. This position is neither long nor short; I can only stay on the sidelines with contracts and hold onto spot. Looking at the square, many people are also confused, not knowing what positive news is causing the rally. In fact, institutions have been continuously flowing in, along with the policy direction of Bitcoin as digital gold, plus the certainty of a rate cut in June. However, I didn't expect the rally to start in April, it's a bit fast.
Currently, there are not many good ideas. The long cycle still requires waiting for a few more K-lines. Brothers, please follow me; I'm just a few fans away from starting a live stream. At that time, I will share valuable insights for free. Thank you all for your support! ✊
