⚠️⚠️Attention!! Bitcoin is surging strongly. Once it breaks 106,000, the upward pressure will be very small. Do not casually operate long or short!

No trading strategy should be executed without significant trend reversal signals, unless betting on key positions. This surge has caught too many by surprise. Firstly, the trade war has not dampened market enthusiasm, and additionally, there has been no interest rate cut in May. This cannot be considered a major negative, but it is certainly not a positive. Yet Bitcoin is surging strongly. The reasons I've mentioned in previous articles include favorable discussions on tariff issues and significant institutions increasing their Bitcoin holdings, leading to Bitcoin's rise.

Considering all factors, I do not believe Bitcoin will take off directly, but the reality is that it is rising strongly. Technical indicators do not show any effective data, and the news is certainly not favorable. Therefore, it is best to conservatively observe for now.

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If it breaks 106,000 and stays above, hitting another historical high will be highly probable, and the possibility of a pullback to below 90,000 will be very small. With interest rate cuts expected in June to August, the direct surge to create the possibility of 150,000 is feasible.

You and I still have one last opportunity to get on board. It all depends on the depth of the pullback in the next month or two. Currently, the market is mainly for observation, with limited space for going long and no signals for going short. Thus, the tipping point is not suitable for either position. Stay tuned for subsequent articles and wait for entry signals.