Bitcoin directly surged to 97800 at #比特币预测 ! 'Bull Trap'? Ethereum upgrade is approaching, and smart money is operating this way! The BSC Zoo is rising, and An An TikTok is igniting. Can retail investors win big?

Bitcoin's news at 5 AM caused the market to explode, raising the price to 97800. From a daily perspective, BTC has broken through the previous high resistance level near 95700 USD, but has shown a shrinking upward trend for two consecutive days, suspected to be a bull trap, and chasing the rise is not recommended. Today's 'Eastern Country Hunting' rally may be a short-term behavior, and its sustainability is questionable. Meanwhile, the MACD has crossed dead, and technical indicators show divergence, so caution is advised. I personally suggest shorting at 97500, with a stop loss near 98000 and a take profit near 95200. From the perspective of US stocks, the trend has pulled back, and it is currently showing a clear rebound. Now BTC is rising against the market. Therefore, this is an abnormal market; stay steady.