In terms of the current overall situation, the highest point for Bitcoin is currently 95700 $BTC
The current price is 94000, which has been stuck at this level for a day, neither going up nor down. From a bottom of 74500, it has risen by 21000 points. Instinctively, at the 94000 level,
it is inherently an absolute shorting temptation + fuel ⛽️ for short sellers. At this level, people's instinct is to 👀 short, fantasizing about a big crash. The idea is beautiful,
but the market is counterintuitive. This grind over the past two days is just preparing for the next explosive rise + fuel!
93800-93000-91500-90000 are super support zones where one should mindlessly go long.
Following this, if the next level is broken, retreat!
If there is no bull market, if there is no continuous inflow of foreign capital, what is the point of the Americans' ETF grabbing chips? Highly concentrated spot, controlling the life and death of market contracts.
Coupled with the market's expectation of interest rate cuts in June, the cryptocurrency world in May is the paradise for long positions, and the graveyard for shorts!
The stock market closes during the Golden Week from May 1, which is also the best time for explosive growth, as well as the best time to attract foreign capital.
May will surely march forward with a devilish pace that recognizes no kin, sweeping away to 110000 to open a new chapter!
If you don't understand, feel free to ask me.
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