$BTC Attention! At this stage, Bitcoin has surpassed the resistance level and is now around 10,500. If it can stabilize, it is very likely to rise directly; if it cannot stabilize and falls below 100,000, this is typical behavior for market manipulators' harvesting.
During the last two days, without adding short positions, the stop-loss price is around 11,000. If a stop-loss occurs tonight, do not trade casually; both long and short positions are not suitable, as we do not know if the market will continue to reach new highs or experience a cascading drop for a retracement.
Bitcoin is about to enter a high trading area of new highs, which is also the place with the most trapped positions at high levels and the greatest upward pressure. If there is a strong breakout, it can only be said that most of the previously trapped positions have been stopped or harvested, especially since the two drops around 75,000 were sufficient to leave positions trapped in despair.
#BTCReturnsTo100K #
The months from July to September have a high probability of seeing new highs. Before that, there will definitely be a retracement. To jump higher, one must first crouch down to gather strength. Pay attention to observing the signals from technical indicators and consider short trades in the next phase. If the last trade was stopped, it is definitely not suitable to trade at this stage; let the bullets fly for a while and wait for the market to clarify before entering.