⚠️⚠️Attention!! At this stage, Bitcoin has broken through the resistance level and is now around 10,500. If it can stabilize, it is very likely to soar directly; if it cannot stabilize and falls below 100,000, this is a typical harvesting behavior of the market manipulators.
For the past two days, without adding positions in short positions, the stop-loss price is around 11,000. If a stop-loss occurs tonight, do not operate casually; both long and short positions are not suitable, as we do not know whether the market will continue to hit new highs or experience a waterfall decline for a pullback.
Bitcoin is about to enter a densely traded area of new highs, which is also the place with the most trapped positions at high levels and the greatest upward pressure. If there is a strong breakthrough, it can only be said that the previously trapped positions have mostly been stopped out or harvested, especially since the two dips around 75,000 were enough to leave trapped positions in despair.
The months of July to September are highly likely to see new highs. Before that, there will definitely be a pullback. To jump higher, one must first crouch down to gather strength. Pay attention to observing technical indicator signals and consider shorting operations in the next phase. If the last operation was stopped out, it is definitely not suitable to operate at this stage; let the bullets fly for a while, and wait for the market to clarify before entering.
