Let's talk about the recently popular James in the market today. His marketing is indeed soaring; just a couple of days ago, he was only 100U away from being liquidated. He holds 5782 bitcoins, with an average price of 110084, a liquidation price of 107320, and a total market value of 620 million. He is currently facing a floating loss of nearly ten million dollars.

These past few days, whether he is directing traffic for himself, creating hype, or promoting his own project, the heat is on, and his goals have been achieved. At this point, some people will definitely want to ask if they can follow his trades?

Are you confused? You should know that ordinary small investors can't play at all. You can't follow his long positions, don't touch his shorts, and don't naively think that you can make money by being against him.

Don't think the market is targeting James; in fact, the market never targets anyone, but it won't spare anyone either. It acts like a hacker; as long as you have a liquidation price, just wait to be liquidated; it's only a matter of time. To survive, having money is not enough.

Looking at MicroStrategy, they bought more BTC for 427 million dollars. If you're shorting now, are you scared? I would say scared of what? If he hadn't continued to buy 4,000 coins last week, how would BTC break through 110,000? But don't forget, he is not a money printer; his funds are limited and will eventually run out.

The reason he can keep chasing highs now is that we are still in a bull market, and he can still use profits from U.S. stocks to increase his positions. But if one day the macro environment changes, and he can't cover any losses, he will similarly explode.

Moreover, the higher it goes, the larger the buying volume needs to be; who can handle it? This is no different from a Ponzi scheme; the later you enter, the higher the risk. In the mid-term trend, there will always be a good opportunity for shorting.

For example, if Japan suddenly raises interest rates again one day, do you believe the price of Bitcoin will drop continuously for two months? The market will not always rise; corrections are necessary.

Back to the market situation, the daily structure of Bitcoin is currently stable, and the upward trend has not been broken. The key levels are from 102 to 102.5k; if it truly breaks down here, the daily structure will be destroyed, and we will have to look downwards. But if it holds, then it will continue to oscillate at the top, targeting new highs.

The current core pressure is 110k; if it stands above, it will be a new round of highs; if it can't stabilize, it will test the 102k area downwards. Tuesday and Wednesday are expected to have light news, with the focus still on the Federal Reserve's meeting minutes at 2 AM on Thursday.