How high can Bitcoin FOMO push? FOMO sentiment drives up prices, but monetary policy has not yet shifted to easing, and short-term volatility risks remain!

From a technical perspective: Previously, BTC reached our predetermined long position near 93000 (the lowest was 93327, just three hundred points away, I decisively entered manually) and then started a new trend. Currently, if this small-scale trend remains in the range of 104300-102300, it may start to correct around 106500; from a larger perspective, the trend initiated at 74500 may reach around 115000, of course, this requires observing subsequent volume, and a strong demand is needed for a breakout followed by a rise;

From the capital inflow situation: On May 8th, Bitcoin spot ETF had a net inflow of $117 million; in the short term, FOMO sentiment is driving up prices, but monetary policy has not yet turned to easing, and short-term volatility risks remain;

From the news perspective: Trump promotes the smooth conclusion of the US-UK trade agreement, successfully alleviating the market shadow cast by Powell's pessimistic remarks on tariffs.

Trading strategy: Stabilize around 102000, with an upward target of 105000-106500. If it breaks down here, look for a target of 97800;