In recent days, Wall Street hedge funds and short sellers have been crushed. U.S. stocks have risen for nine consecutive days, quietly and suddenly. A group of people are confused, and I'm not even on board yet?

The same goes for the cryptocurrency market; those who shorted have been hammered, with no power to fight back, and the volume is shrinking while prices rise. Recently, there has been a continuous stream of positive news, and it seems that every time there’s an increase, it’s like this.

Yesterday, the U.S. non-farm payroll data met expectations, the economy is strong, the dollar is gaining strength, helping U.S. stocks continue to rebound, which may reduce the Federal Reserve's emergency interventions. On May 8, during the interest rate decision, the possibility of a rate cut in June might decrease.

However, U.S. Treasury yields are climbing again, and Trump is artificially creating an economic recession, causing plans to save the bonds to fall apart; now the interest that needs to be paid cannot be shortchanged. After a period of intense tension and turmoil, was it all meaningful?

Recently, both China and the U.S. have started to make concessions on tariffs. Bilateral negotiations are about to begin; everyone knows that holding firm is not a solution. No one can eliminate the other through their own strength. The survival of the other side depends on their internal collapse.

Country C is not the Soviet Union; peaceful evolution and plans for domination do not work. After all, there are too many sages in Country C, and the ways of ruling the country, waging war, and confronting enemies are impeccable. External threats can only lead to greater unity. Allowing things to drift will instead lead to mutual destruction and self-corruption.

Currently, from the daily chart perspective, the major trend has reversed, and a bullish upward pattern has formed, primarily focusing on buying on dips. Yesterday, a pin bar appeared, signaling a potential top; it is not recommended to chase long positions in the short term, and entering the spot market is not advised. Currently, the indicators are diverging, and the MACD shows a death cross, indicating a potential for a pullback. Resistance is at 100,000, while support is around 89,000.

On the 4-hour chart, the MACD has a death cross, indicating a need for a pullback, but the pullback will not be too deep due to shrinking volume. It should continue to fluctuate primarily over the next couple of days. You can choose to lay flat. If you really want to trade, it is recommended to short at 97,300 with a stop loss at 97,800 and a take profit around 95,800.

On the weekly chart, the trend has reversed, and the major direction is upward. Buy on dips; if there’s a violent spike, it is recommended to buy the dip and hold for gains.

This market is always changing, but what never changes is human nature—the cycle of chasing highs and killing longs continues. You cannot control others; making money still depends on yourself. $BTC