The US stock market is bustling with activity and full of momentum.
Our generation witnesses the historical peak of the US stock market.
Although it has nothing to do with us ordinary folks,
science and technology are the primary productive forces,
they are impressive, and we should indeed applaud.
We, who are always at 3000 points, must be humble and learn from them.
It is said that when the US stock market rises, BTC will also follow suit. Now that the US stock market has reached its peak, BTC should be at 150,000. Why has it been sluggish these days, neither rising nor falling, stagnating in this range?
The US bombed Iran, but it’s not the US stock market that’s affected, it’s the crypto market, which is lawless and a wild growth area, becoming the target of slaughter, ultimately the crypto market's retail investors bear all the burden.
Great changes are happening, and the extreme will surely lead to a decline. The US stock market has risen for 12 consecutive days, currently breaking historical highs, and is ready for a pullback.
When the wind rises at the tip of the green reed, the dam collapses at the ant's nest.
Just recently, Trump has once again initiated a trade war and a tariff war. The East has reached an agreement. However, his group of little brothers is feeling a bit upset. With Canada, there have been chair kicking and cup breaking, everyone is starting to throw tantrums and not talk.
At this moment, the US stock market cycle is at a tail end; it can actually be avoided for now, while BTC may not be able to withstand the risk of the US stock market's impending pullback. I believe it probably can't hold up?
Currently, from the daily chart perspective, BTC is at a critical point of accelerated upward movement; above 106,800, there may be a further upward trend. However, the trading volume is decreasing, and the height and duration of the rise may not last long. The MACD shows that the bullish momentum is gradually weakening. If it continues to rebound upwards, it may be time to add to short positions. At this moment, do not engage in spot trading or chase the rise. The price range is not suitable. There is resistance around 109,500.
At the four-hour level, it is currently above the trend line; continue to open short positions on rebounds, around 109,000, stop loss around 112,500, take profit around 103,000, with the rebound volume shrinking, and the rebound height is limited. If it effectively breaks below 106,800, it will drop to around 100,000.
From the perspective of the US stock market, when it breaks previous highs, the sentiment enters a state of extreme greed, and when it is crazy, that is when the risk arrives; in the crypto market, one must not chase highs. You will never miss out.
The hardest part is not the violent ups and downs but the stagnation, where you can’t understand the market and find no direction; this is what the manipulators hope for. If you are afraid, doing nothing is also a strategy.