Recently, a wave of news has caused Bitcoin to reach a new high. Currently, the tariff level has decreased by more than 100%, which is extremely favorable for the current market. However, even with this, the entire market isn't particularly easy to navigate.
Previously, we thought that Bitcoin breaking 100,000 was already a bold thought. Now it's quickly approaching 106,000. It's just a little bit away from the next milestone. Even with favorable news, there's hesitation to continue chasing upwards. Since the beginning of this month, there haven't been many opportunities for a pullback to look upwards. After all, many people were caught hanging on the tree back in January! Right now, it's a game for the brave.
If it's convenient to position, it's not advisable for everyone to jump in too early. The current market is too unstable; in just one month, a rebound of over 30,000 points was truly unexpected. The current pressure feels as fragile as paper. The position is getting higher by the day! If you want to reach the peak, make sure to set a stop-loss! In terms of direction, I'm still optimistic about a pullback, given this upward trend. Currently, it really doesn't feel safe to keep chasing.
Bitcoin operation suggestion: Around 105,400, go south
