The risks hidden behind the surge of BTC!
Currently, the BTC price is around $111,000, and the overall market is bullish, mainly for several reasons:
Institutional funds are buying— The US Bitcoin ETF has seen a net inflow of $1.86 billion for four consecutive days, indicating that large funds are still entering the market. Although whales have sold some, they still hold $1 billion in long positions, showing they remain optimistic. Technically, it has broken through $110,000, and it may continue to rise in the short term, targeting $115,000-$120,000.
But be aware of the risks:
Too much leverage— There are too many long positions in the futures market, and if the price suddenly drops, it could trigger a chain of liquidations. More BTC on exchanges— 8,000 BTC have entered in the past 24 hours, which may create selling pressure. Next week’s US CPI data— If the inflation data is poor, it may affect Federal Reserve policy, leading to a market correction.
Operational suggestions:
Short-term: If it stabilizes above $112,000, you can add a small position, with a stop-loss set at $107,000. If it consolidates, you can engage in swing trading. If it breaks below $105,000, it indicates that the trend may weaken, and you can reduce positions and wait for a lower entry point.
Overall, it is still bullish for now, but don't be too aggressive; pay attention to risk control.
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