Market sentiment is always swinging between two extremes, rarely staying in the middle. After a brief neutral sentiment yesterday, a strong bullish candle has shot up directly. Today's BTC sentiment index is 73, indicating greed.

The 95k level is where the news from reserves crashed down, leaving many people trapped. Let's see if we can break through that. If we get past it and sprint towards 100k, the sentiment index will likely reach super FOMO levels.

The best and most certain entry points were yesterday morning and the night before. Today, there might be some chasing the highs. Let's see how much continuity this round of the market has. A pullback might just be a small one; 89k will have strong support, as there was previously significant pressure here, which has all been broken. Above 95k, we will need even greedier sentiment.

I have taken some small positions off the table to secure profits and will see if there is a pullback to re-enter since it's challenging to hold long positions in contracts. The profits secured from contracts will also translate into support for holding spot. Therefore, I will continue to hold spot positions and not miss out on significant opportunities.

In terms of news, the Trump administration is continuously releasing favorable tariff news, proving that the worst is over. Even if the US stock market slows down and declines, it shouldn't significantly impact BTC's independent trend, as the next event is the interest rate cut in June, possibly even in May. With favorable conditions from the rate cut, it's also expected that BTC will reach new highs.