The market could crash at any time, and long positions need to be cautious.
I believe everyone is somewhat disappointed with the market performance of Bitcoin these days. When it just broke the new high, many were optimistic, expecting 150,000 or 160,000.
Due to the current decline in market volatility: The market has entered a temporary stagnation period due to a lack of significant news or macroeconomic indicators, leading to a reduced reaction to negative news and a continued decrease in volatility.
Although the number #比特币2025大会 has been circulating in recent days, the various messages coming out have not driven the market up.
Currently, the 4-hour chart has formed an 'm.' The rhythm of the downward movement is expected to accelerate, and combined with this special period at the end of the month, we have reason to prepare for early positioning. Both short and long positions have opportunities; in my view, the chances will be greater if there is a decline.
Today, Ethereum even broke to 2780 and then fell, following the script again, and did not stabilize at 2758. I wonder if the short positions were delayed.
The recently released initial jobless claims data was also worse than expected, which is negative. The US stock market is about to open, and I will lead my followers to position for the next trade at this time.
