96000
Trump stated that he would consider including some cryptocurrencies as reserve assets, and this news directly injected epic positive sentiment into the cryptocurrency market. After the news was released, Bitcoin quickly surged from around 85000, breaking the 94900 high within two hours. This market movement was not only a short squeeze but also a complete washout, with market sentiment rapidly reversing under the influence of favorable policies.
The short position idea given at noon took a small bite; currently, the support below appears to be quite strong, having been tested multiple times without success, which seems to provide us with an opportunity to get in. Once the short-term trend is established, it will not easily end.
Evening Thoughts
Buy Bitcoin near 92100-92400
Target 94500-96000
Buy Ethereum near 2310-2330
Target 2380-2450
