The current technological form is already at the top.

But why the stretch??

What is the reason for the stretch?

Ordinary people cannot know.

You can believe that the FOMO sentiment created this stretch.

But who bought at a higher price? Retail investors? Institutions? The government?

Considering rationally, any coin's pump is to better reflect its value, and value needs the support of coin price.

No one is a philanthropist, so I believe it will drop.

The current price of Bitcoin at 103200 has broken through a previous high by 7000.

In the previous round, many long positions that were trapped have been released.

There is no liquidity above 104000, and the spikes are also due to liquidation.

From my personal experience, the current price will drop.

I predicted last year that Bitcoin's top would be at 108000, and it has been realized.

There is always a Friday that is black.