The US stock market has closed, with the S&P up 2.03%, the Dow up 1.23%, and the Nasdaq up 2.74%. Compared to the opening, this is a significant rise that shows no signs of turning back. However, Bitcoin (BTC) did not perform as strongly today in the US session as expected. If the US stocks continue this trend, Bitcoin is expected to reach 950 tonight, but it is currently just around 935.

From a market perspective, the bulls are indeed strong, so I placed a long position at 915 today with a low of 916, missing it by 100 points, which is unfortunate.

However, today did not continue the pullback to break the high again, so I opened a short at 935 with a low of 926, but it didn't go through. Later, I hit breakeven at 935, which is a bit frustrating.

910 is a strong short-term support level, also the starting point of a big bullish candlestick. The upper resistance at 950 is the peak from March. Recently, the market has been maintaining this range of 910-950, waiting for a breakout in direction.

Let me briefly outline three possible scenarios for the future:

1. Hypothetically, if it drops and breaks below 910, going down to 88 for a retest, followed by a second acceleration, then the market would likely aim for 98.

2. If it breaks below 91 and continues downward, breaking below 88, the market is highly likely to return to 84. That would form a double top pressure at the April high of 95, with 88 being the watershed.

3. If 91 holds, after a few days of consolidation, it could directly break above 95 and rise to 98, coming closer to the 100,000 mark.

Personally, I lean towards scenarios 1-2, but it's hard to determine which specific one at this moment. If by the end of the month, there is no second break of the high at 949, then it's more likely to solidify the second scenario with a double top pressure.

This is purely my personal speculation. If you like it, give it a thumbs up; if not, give it one anyway! $BTC