Bitcoin Hits New High Again! Is the Bull Market Really Here?

First, let's look at the news

Four hours ago, Tether issued an additional 1 billion USDT, and large institutions continue to buy the dip. This month, Tether has issued a total of 2 billion into the coin market.

Currently, over 60% of BTC holders, both large and small, are shorting, forming a counter position against the market makers, which poses a risk of being squeezed at any moment.

BTC at 110,000 is a very tempting shorting point, which is a historical high. So in the morning, I suggested taking short positions, and of course, I also made 1,100 points; everyone in the group has exited and reversed to go long.

Those looking to short can wait a bit; the current position and situation are not suitable for reckless shorting.

If you are unsure about entry and exit points, follow me, and I will guide you on how to determine suitable buy and sell points. #BTC再创新高 $BTC