The Dark Truth Behind Bitcoin's New High of $110,000! Altcoins Struggle, Making Money Becomes a Trap

Bitcoin has broken through the $110,000 barrier, yet it masks market risks—funds are all flowing into BTC, while altcoins remain sluggish, with hidden dangers in the market.

Key Points for Short-term Ethereum Trading: Weekly resistance at 2650 is strong; if not broken, it's advisable to short on rebounds. You can open a short position around 2617, with a stop loss set at 2660. If the stop loss is triggered, exit immediately; the first target is 2580, and if that breaks, look for 2550. In a volatile market, don't be greedy; it's best to secure profits.

Remember, control your position to within 5%. The market is frequently shaking out positions, and being heavily invested makes you vulnerable. Don't rush to bottom-fish altcoins; Bitcoin is draining liquidity, and altcoins still carry a risk of decline. Strictly enforce stop losses, don't adjust easily; if it breaks, admit your mistake and exit—that is the way to survive.