Trading Notes 5.23

Bitcoin has broken the historical high of 110,000, but whether it's on social media or in groups, there are hardly any voices, let alone the previous red envelope rain.

Moreover, the current market is strangely incomprehensible. From Bitcoin's perspective, it is certainly bullish, and a major bull at that.

However, from the perspective of most altcoins, it's just a rebound in a long bear market.

Ethereum's MA indicator is stuck at the bull-bear dividing line, with no volume to push it up in one go, nor have we seen anyone sell off. It's hard to understand; we can only continue to wait.

Currently, I have only gone long on a bit of Prince and Cookie, but the focus remains on waiting.

I will observe Ethereum's trend; if it can break upwards strongly with volume and secure above 2,700, I will sell my car, sell my house, and borrow everywhere to enter the market desperately.

If it can't push up, or if it can't even stabilize at the current 2,600, then it's time to wash up and sleep, and just continue doing whatever else needs to be done.

#Bitcoin