Written at the end

Overall, the current bullish strength remains strong, but market risks are also accumulating rapidly. We cannot predict when a 'long squeeze' will occur, but we can be well prepared.

My risk score remains at 8. If BTC breaks through $118,000, and large wallets and old wallets (addresses that have held for over 1 year) show significant cashing out, or if there is a turning point in the sentiment of American investors, the risk score could rise to 9 or even 10 at any time.

The market changes rapidly; only by continuously optimizing our trading system and maintaining rationality can we seize opportunities amid the changes. I hope everyone can protect their principal and not be led astray by FOMO emotions!