Is this rise a false bull? Why is it called a false bull? What qualifies it as a false bull?
The primary concern lies in the fact that this rise lacks a solid foundation and is entirely the result of external forces forcibly pushing it up. Market liquidity has not increased, and the Federal Reserve has not lowered interest rates, mainly stemming from Trump's frequent remarks stimulating the market, with the entire process being almost without any pullback.
Compared to the sham surge last November, this rise seems to lack momentum. In this rise, only Bitcoin is surging. Other altcoins have shown no signs of movement. Just look at Ethereum, doesn't this raise suspicions?
I have ample reason to believe that this may just be a carefully orchestrated false prosperity by Trump in response to the maturity of U.S. Treasury bonds in June, aimed at attracting many people to actively enter the market, only to potentially stage a plunge below 80,000 afterward. It’s a tactic to lure the enemy deeper!
If this speculation proves true, then jumping directly from the 111,900 position to 80,000 will no longer be an unattainable idea. Since early May, I have been warning about a major drop in May, and if this false bull turns out to be true, this prediction may come true. Just wait for the time!
Of course, truly waiting for the plunge to arrive requires time for verification; it will not happen overnight, just as its rise was not achieved in a day. But I believe that the duration of the rise will equal the duration of the fall. The possibility of such a fall is extremely high!
Everyone will have their own directional insights, expressing their views, and arguing is futile. I am merely expressing my opinion, stating my predictions and my inner thoughts. I still adhere to my original intention, maintaining the expectation of a trend target of 80,000 unchanged. A significant plunge is coming!