$BTC

With the ceasefire between Israel and Palestine, the Federal Reserve has once again hinted at a rate cut, causing the market to fluctuate wildly. Sure enough, the Nasdaq soared to a new high, stable as ever.

What we should focus on now is not whether it's rising, but how much higher it can go. Those who have experienced the big market in 2017 understand this well; it's the same familiar formula.

So now, core assets should surge first, and then we set a ceiling. We just need to wait for the funds to overflow to lift these peripheral assets.

Now, back to the charts, the big market has still been in the range of 107K-108K from yesterday to now, with neither bulls nor bears giving way. However, smaller scales are beginning to show lower highs and lower lows, which means there might be a short-term pullback, not an immediate surge, as the true liquidation target for bulls lies below.

To conclude, the overall direction remains bullish. There will just be a short-term pullback; if it drops, it will go down for a haircut. The first liquidation target: 105.5K, the second target: 103K.

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