$BTC (Evening Contract Ideas)
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【Can Bitcoin surge to a peak of 150,000 this time?】
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Yesterday I also mentioned why it would rise!
Who is driving the market up!
As the negative impact of tariffs is digested, the market correction ends and rebounds.
So the subsequent energy is interest rate cuts, and we need to be wary of Trump's actions after the 90-day tariff suspension.
Currently.
Institutions are continuously increasing their positions.
From the weekly and daily K-line momentum, it’s very strong; there are no fluctuations and everything is following a standard pattern.
Based on the previous surges, Doug thinks,
In the short term, we can look at 115,000.
On the hourly chart, it is currently forming a box upward structure, with a breakout above looking for a high point of 111,950.
We have currently entered near the bottom of the box, around 110,300.
Intraday ideas.
Go long near 110,200,
If it effectively breaks 111,950, observe if it is strong; if strong, go long.
Shorting is not recommended.
If shorting, a drop below 110,200 can look towards 109,000.
Looking at the bigger picture,
This week's long-short ratio has been around 0.4 to 0.6, indicating that many people are reluctant to chase long positions!
Many prefer to short against the trend.
Including Liangxi and several big XVs, who have been calling for shorts from 100k and continuously increasing their positions.
I feel there needs to be more fuel; the more I look, the more I believe there will be another big surge.
This rise, my prediction for the peak in May-June is 128,000, with an ultimate target possibly near 150,000.
Personal opinion. It’s a short wave, and I have no conflict with anyone.