Combining the current market situation of Bitcoin
1: Bitcoin has tested resistance multiple times but ultimately failed to break through or fall below. Although the market is betting on a rate cut in June, the direction is currently unclear, and long positions require more details.
2: The Dubai conference is about to open, and looking back at past conferences, they ultimately always end up being retail investors buying in.
3: Many people say to trade with the trend, and the general direction is bullish, but I believe that the general direction also includes many smaller directions. The probability of these retracements is very high; although the retracement space is not particularly deep, I still don't mind going long. Near 95,000, a light short position can be taken. If it continues to rise, the risks will become greater. Stay optimistic about the trend and prepare for both scenarios.
