From the daily trend perspective, the BTC zero-cross bullish reversal trend is very strong. The BTC funding rate is negative and it still cannot drop; retail investors are continuously shorting, while the big players are constantly buying in. This rebound large wave 4 is expected to replicate the main upward wave of 74600-110000. In other words, if 112000 is strongly broken in the near future, this trend will be established.

Next, we need to focus on the stability of 108000-108800, as this is the starting point for pushing up the 10000-point space. Whether it stabilizes depends on the price needing to break above 112000 and pull back no lower than 108800.

Therefore, the current short-term resistance points are all viewed as short positions, and quick entries and exits are required. Long positions still dominate.

This morning, Trump said that Israel and Iran are about to fight again. This guy is very bad, releasing smoke screens and desperately luring retail investors to short, determined not to rest until all retail investors are harvested.

Although the overall trend is bullish, it does not mean that one can blindly chase in the short term. Pullbacks to recent support points can be used to add long positions, with nearby defense.