In recent days, at the bottom, there has been a continuous decline.
I have endured it all,
The bottom area has always allowed everyone to buy in,
I admit, I have a gambling aspect to this.
I myself also entered BTC and SOL long positions at the lowest prices.
ETH broke its previous high today, but I called for everyone to get in twice, once at 4100, and once at 4240.
Recently, during this downturn,
I haven't told anyone to short.
I said, as long as BTC does not effectively break below 112000, I will still be a bull.
I really endured the risk of being slapped in the face.
Last night, Powell spoke, and he couldn't withstand Trump, using both soft and hard tactics, bombarding endlessly, giving face to the American government.
Finally, his words weren't so hard.
The probability of a rate cut in September has greatly increased.
BTC led a myriad of altcoins in a tremendous surge.
The bears should be dead by now; if you are trapped or liquidated, it has nothing to do with me, I am a bull.
From the formation, the volume surged, with a super big bullish candle, the direction is upward.
So it won't end easily, there will be small pullbacks, and then continue to rise.
It is advised not to short easily, and to primarily long on pullbacks. This wave of rise should be the final madness of this bull market.
Do not short easily until BTC reaches 130,000.
ETH has already hit a new high, and now it should continue to rise, very strong, and also do not short.
For those who entered at the bottom, it is recommended to continue holding coins or to set a stop-loss to protect capital. I do not recommend anyone entering the market in between. If you're doing long on a pullback, carry a stop-loss, you can try it. Do not chase long positions in the spot market anymore.
Other altcoins still have opportunities, SOL, UNI, LTC, DOGE, these can be entered on pullbacks, they haven't truly broken their previous highs yet. At least the current price is not at the top.
This wave of rise is just the final madness of this bull market, hoping to reap the rewards, rather than being whipped, slap, slap, slapped. $BTC