#比特币突破11万美元

Last night I chatted with some friends, and Bitcoin has broken its historical high, it's different now. We shouldn't overly act as bears; you can short in the short term, but I don't recommend long positions for now. Respect the market and the trend.

It's more appropriate to start looking for altcoins that are catching up. When you see altcoins being sold off, it's better to avoid going long rather than shorting them directly. Shorting any coin while Bitcoin keeps rallying won’t be pleasant; even if the main players don’t want to push the market, following along with pullbacks has high risks and low profits. If the overall market sentiment is good, it can easily recover. Also, the meme sector has already been driven up, so the cost-effectiveness of the memes is relatively low. You can pay attention to old memes that haven't started yet, like Doge and Pepe, as well as altcoins in other sectors looking for a rebound.