$BTC 🚨Bitcoin Market and Future Trend Analysis🚨
The recent trend of Bitcoin is very clear. For this recent rally, different traders have different perspectives. Some believe this is a rebound rather than a reversal, while others think this is a return of market liquidity, signaling a full bull return. Some believe this is a targeted short squeeze, with hidden intricacies behind it...
However, for me, after weeks of operations and insights, I am no longer focused on the market that most people are concerned about, but rather on Bitcoin itself. Why? Because this rally no longer depends on market sentiment, but seems to be driven by external funds entering the market. The most typical characteristic is that it cannot drop, it truly cannot drop. Not only that, but the duration of this rally is also very long, unlike the residual waves of a bull market that continue to create supportive bottoms.
The challenge lies here. The same high support has been tested three times; the fourth time, it was more likely to drop, yet it was pulled back up, even breaking 100k. Currently, there is no sign of weakening bullish strength, and the period of rapid ascent has not truly arrived.
To be continued……
