It's hard to choose, it's not the retail investors, but the big players.
Continue to push up,
create more news, PUA, institutions taking over,
people just won't fall for it.
Sovereign funds, benefiting from Eastern countries, have been buying gold and have not ventured into BTC.
Currently, it has risen to around 111,000,
looking back, it cheapened the early ancient whales; you pull, I sell.
The essence of business is liquidity, it's about buying low and selling high. It's all about harvesting the retail investors, all to tempt them to take over.
Retail investors have no money to buy spot; they can only deal in contracts.
Institutions and sovereign funds all know it's Wall Street, a setup by PUA. Not getting on board drives the big players crazy.
Contracts will be the main battlefield for BTC trading in the future. It's a game of ants and elephants.
Although most ants in the battles will eventually be lost and perish here, there are thousands of ants, fighting to the end.
Financial games will continue indefinitely.
If you still want to make money in the crypto space, getting beaten, staying silent, and awakening will keep cycling.
As for all the news and policies, they are just gimmicks to assist in harvesting the retail investors; whether it's Trump, Putin, or Eastern countries, they will all participate to take a share.
Retail investors' eggs are delicious and fragrant.
Currently, from the BTC pattern, it has indeed broken out of the upward trend line with volume; the bullish momentum is strong, MACD has a golden cross, and there is a trend to continue rising, but it has not truly broken through the previous high effectively. It is not recommended to chase the rise. The sentiment has arrived, madness has come, and a reversal is the most terrifying.
The upper pressure is around 112,000 at the 1-hour level. Looking at the candlestick pattern, there was a sudden increase in volume, clearing out short liquidity, but it did not continue to rise and is now consolidating with reduced volume; MACD has a death cross, indicating a need for a short-term pullback. There is suspicion of inducing more, so it is recommended to short around 111,000, with a stop-loss near 112,000 and take-profit near 108,500.
On the 3-day line, indeed, MACD has a golden cross, and the pattern has a tendency to continue rising, but the volume has not followed, so chasing the rise is not advised. The rising with reduced volume raises suspicion of inducing more. Currently, everyone is engaged in games. The current price is in an extremely risky area.
Whenever this happens, many people are frantic, hoping for a violent bull market while fearing a high-level pullback in BTC. From the cycle perspective, it does seem to be the end of the bull market. But looking back, altcoins are still at the foot of the mountain. In this round of bull market, the majority of people should be at a loss. What does BTC's surge have to do with me? $BTC