BTC has shown strong price performance recently, in an upward trend and breaking key resistance levels. In the short term, the market has strong upward momentum and may continue to maintain this upward trend. The current price has exceeded the upper Bollinger Band, indicating a strong willingness to rise. Technical analysis K-line patterns: a bottom formation has appeared, along with a belt hold line and a breakout above the upper Bollinger Band, indicating that the price may rebound or continue to strengthen in the short term, with strong buying power. EMA: EMA moving averages are rising, overall showing a stable bullish arrangement, indicating strong market confidence and a clear uptrend. MA: Short, medium, and long-term moving averages are all rising, with prices well above the moving averages, showing the market is in a strong area. There may be overbought pressure, but the trend remains solid. BOLL: Prices breaking above the upper Bollinger Band indicate expanded volatility and strong upward momentum; the short-term uptrend may continue. Signal analysis: All timeframes show bullish signals, with a completely bullish trend predicted and expected; just look for bullish pullbacks. Support: 97600, Resistance: 99000.
To summarize the current market situation, here are the positions where short orders are trapped: 1: 90500—91500 range (April 22) 2: 92500-93300 range (April 23) 3: 94500-95500 range (May 5) 4: 95500—96500 range (May 7) 5: 97500—98300 range (this morning). Currently, the positions for long orders are: 93600—95000—96000—97000. Overall data statistics: 99800--100300 USD concentrated short order liquidation, 95300—96300 USD concentrated long order liquidation. To summarize, if your position is not very heavy and you are trapped, reluctant to stop loss, you can only think of ways to increase the average cost, controlling it within the ranges of 95500-96500-97500. Today is Thursday, if we get through this, the big coin may not break 100,000 tomorrow.
This weekend, there will be an opportunity to help you break even, just like last week when those trapped in the 91500-92500 range were able to break even around 97300-97800, with an average cost in the range of 94000-94500. However, I still do not recommend opening positions without stop-losses, holding on stubbornly, and now that we have entered a bullish trend, it’s only suitable for small shorts, waiting for a pullback at important positions to go long, not against the trend. At 10 PM tonight, Trump will announce significant news, is good news coming? U.S. President Trump stated that there will be a major press conference at 10 AM tomorrow (10 PM Beijing time) in the Oval Office regarding a major trade agreement reached with representatives of a respected major country. Previously, he lifted restrictions on AI chip exports to China!
SUI has been the most enjoyable on-chain financial management chain I've used in the past half month, currently with the strongest DEFI effect.
As I mentioned before, I bought a portion of $cetus and $Sui at the bottom in April and made an 80% profit difference, but I still chose to do LP on MMTFinance with part of my funds, earning about 10% in two weeks and also getting points.
Starting from 2.3U, I've restructured liquidity three times in total, exceeding the limit three times, making profit from price differences and mining rewards.
After the first surge breaking 3U, I automatically withdrew from LP when it exceeded the range. Later, the price of SUI stabilized between 3.1-3.8, and I re-entered each time it dropped to 3.2U. I generally set the lower limit at 5% and the upper limit at 10%, with an overall average APR of around 300%. Roughly calculated, with a cost of 5000U, I can produce about 40U daily.
Common problem for new traders analyzing the market: wanting it all, wanting this, wanting that, and it would be best if... You say, 'Many people are shorting, so if it goes up, it will force shorts to cover'—this is the analyst's mindset. It’s not about assessing odds, not about risk management, but rather constructing a 'sounds reasonable' explanation to comfort oneself in holding the position. You also say, 'When BTC reaches 100k, it feels like it’s going to pull back,' but 'I’m also afraid it will rise further after the pullback.' You're not making decisions; you're fantasizing about a guaranteed profit script: first short, force shorts to cover, confirm the pullback, then buy low and go long, a one-stop service.