$ETH $BTC No matter how high BTC rises

There will definitely be a significant drop starting with 7

Regardless of how high BTC rises this time, the final outcome will be a drop to the vicinity starting with the number 7. Whether BTC rises to 89600, 92000, or even 94000, it cannot escape the fate of a major drop. Why?

1. It is still not the time for a big surge. Whether it's sentiment, capital, or news, none of them are in place. For BTC to see a significant rise, it must coincide with the Federal Reserve's interest rate cuts. However, the Federal Reserve has not yet made a clear stance. Currently, any big rise is merely a strong rebound, not a reversal.

2. Falling from 100,000 to 70,000, there are too many trapped positions above. Without the Federal Reserve cutting interest rates and without new capital entering the market, the liquidity situation hasn't changed. Existing capital and current retail investors cannot support a rise to 100,000. The major players also can't just eat up all the trapped positions and then turn into a scheme to help retail investors break even. #US stocks decline

3. Before a major rise, retail investors must be severely washed out, otherwise the weight of the vehicle is too heavy to lift. Thus, there will definitely be a drop that exceeds your understanding, and there will definitely be a deep dip. BTC cannot rise without a significant drop and a dip. #Crypto market rebound

So do not chase long positions in the spot market; there will be another opportunity for a significant drop. This opportunity may even break 70,000, and altcoins may reach new lows.