$BTC This wave of Bitcoin market is simply unexpected! The liquidity gap originally focused on 108,000 - 109,000 was directly pulled over by spot buying. The news of the China-US talks is too powerful, and the market took off directly.

Now the situation is a bit strange; although the price has reached a higher settlement zone, it hasn't triggered a chain liquidation. This position is too awkward; shorting is risky if it goes up, and going long is risky if it goes down. If there can be a pullback to the starting point of 108,900 after a daytime fluctuation, or if there are new favorable conditions after high-level fluctuations, it is highly likely to rush towards the short liquidation zone around 114,000.

Last night, I was hoping for a pullback after the liquidation, and indeed there was a small pullback, but the market didn't give a chance to fluctuate, directly closing the needle and continuing to pull, moving in a very 'disgusting' way, without any consolidation or fluctuation, directly another 5% bull market.

In the short term, the price has reached a high position in a large range, with liquidity attraction and supply pressure playing a game, making it difficult to navigate the market. The original small range strategy is no longer feasible, and the market has entered a large range mode. If you can't understand it, just observe first; in this kind of market, losing a bit of money is normal, don't hold on stubbornly!