Bitcoin reaches a new high, attracting countless bulls and those chasing the rise, while altcoins languish and Ethereum stagnates, which is exactly what the market wants to see.
With greed on the rise, the market will eventually return to rationality, laying the groundwork for a pullback in the second quarter.
Cautious in chasing the rise, firmly bearish, with a target of 90,000.
Bitcoin: Short near 111500-112000, target 105000-102000.
