5.10 Thought Sharing
Recently, Bitcoin has indeed experienced a wave of upward breakthroughs as expected. I predicted this in a post 10 days ago; I can only say it was a routine operation as anticipated.
Now it's Saturday, and throughout this reversal, there hasn't been a significant pullback in the recent trend. Additionally, there hasn't been much selling pressure around the 10,000 position. From my personal viewpoint, after consolidating at the high levels and absorbing positions, there is no pressure above, and I continue to see bullish trends, aiming for the previous high of 110,000.
In terms of operations, there are no clear short signals, only a possibility for doing long. However, the ideal entry position would be to wait for a pullback to around 10,000 to 11,000 before going long. If entering the market, I recommend setting a stop loss at the lower level of 10,220.
