Bitcoin has indeed broken through the 110,000 mark, indicating that last night's gains are still present. WIF is still the leader in the rise, and last night I missed out on this big surge by withdrawing my long position in WIF!
This round of increase now seems to need to blow up a wave of short positions before it will go down, and in the next phase, WIF will look at the upward space around 1.2-1.3! BTC must rise at least to 112,000-113,500 to blow up a large number of short positions. So if you want to short, you need to look at the level of liquidation before entering the market!
Focus on the content of the China-US trade talks; the judgment point for this surge lies in this content, so the height of this increase will depend on whether the talks are successful.
