Have you been shocked?
Since last week when Bitcoin jumped to the 80,000 mark, I've been calling for a short. A week later, Bitcoin is still hovering near the short position entry point, unable to go up or down. Currently, there is severe risk aversion, and global companies are caught in a bind due to uncertain tariff policies. Although more than half of over 70 countries are willing to negotiate and agree to 0 tariffs, Trump has not budged, hoping to gain better leverage. This indicates that in the short term, there are no conducive conditions for a significant positive development.
The anticipated interest rate cut in June is still shrouded in fog, and the battle between the Federal Reserve and Trump is just beginning.
Returning to the market, today the U.S. stock market is closed. Yesterday, Bitcoin saw a net inflow of 100 million dollars, and around 3 PM, Bitcoin climbed to around 85,400 but did not continue to rise. The upward momentum has basically been exhausted; as the saying goes, one strong push leads to a decline, and if it continues, it will eventually deplete.
The view remains unchanged; BTC is still in a downward channel on the daily chart, and the 4-hour chart is fluctuating between 83,100 and 85,300, with a trend change imminent.
For Solana, the strong resistance at the 136 area still exists, on-chain activity has increased, and the coin price is relatively strong compared to Ethereum. Those who opened positions here have maintained floating profits, but holding positions still requires faith.
Another piece of fluff, the view remains unchanged, let's all keep going together.