Bitcoin directly surged to 97,800 at 11,509,057,192! "Bull Trap"? Ethereum upgrade is approaching, how smart money operates! The BSC Zoo rises, An An ignites TikTok, can retail investors win big?

At 5 AM, news caused Bitcoin's price to explode to 97,800. From a daily perspective, BTC has broken through the previous high resistance level near 95,700 USD, but has shown a shrinking rise for two consecutive days, suspected to be a bull trap, not recommended to chase the rise. Today's "Eastern Country Hunting" rally may be a short-term behavior, its sustainability is questionable. Meanwhile, MACD has formed a dead cross, and technical indicators show divergence, so caution is advised. My personal suggestion is to short at 97,500, set a stop-loss near 98,000, and take profit near 95,200. From the trend of the US stock market, the trend is correcting, currently obviously retracing for stability. Now BTC is rising against the market. This is an abnormal situation, stay steady and do not act.