The bulls have finally charged!

This morning's surge not only pushed the price up but also quickly increased the open interest, and even the funding rates have started to rise—short-term futures market sentiment has finally reversed.

The bears, who had been aggressively shorting, are being consistently squeezed, while the bulls, who were previously looking “injured” last week, have now regained their rhythm. #加密市场反弹

In this typical volatile market, the most taboo thing is to blindly chase highs and cut losses—don't force it, as it can lead to repeated liquidation.

The liquidity ambush points for bulls below 103k are still very obvious; if it weren't for the decisive shift in funding rates, I might actually have to worry about the bears...

Last night, my long position was actually betting on this expectation; now the bears are temporarily suppressed, the short-term long position has successfully taken profit, and I’ll sit back and continue to watch the excitement.

The bears have calmed down, while the bulls are starting to get a bit carried away... #BTC