Why is the market soaring? Understand these three points and you'll know:

1. The stubborn bulls are holding tight to their positions and refuse to sell;

2. Short-term traders have been thrown off early and now won't even touch the car door;

3. The bears are becoming increasingly defiant as prices drop, doubling down and providing fuel for the rally.

In summary: No one is selling off, the fuel is still being added, how could it not rise?

However, with seven consecutive weekly gains, don't forget — the bulls will eventually need to take a breather. #比特币突破11万美元