$BTC Woke up, but also paid the corresponding price.

This wave of market dynamics made me realize that the market is manipulated. Without the driving force of news and favorable fundamentals, it was possible to rise without volume and shoot up to 110,000 like pulling a radish from dry land. May I ask who dares to chase the long position? Buy at 110,000, aiming for 120,000?

Isn't it clear whether market sentiment is good or not?

Are there any discussions in various communities because of this surge? There are only the bears that exploded and exploded again. The main force is firmly controlling the market, using the liquidity of the bears to soar, while the technical aspect is completely out of order. Previously, it dropped to 100,000, and it was clear that the trend had reversed, with expectations bouncing to the limit of 105,000, right? Then the "resistance" was as fragile as paper, 107,000, 109,000, 110,000, directly a V-shaped reversal, exceeding everyone's expectations.

Does it really meet the conditions for a great bull market now?

I still do not have a positive outlook on a great bull market, but the slap from the market is indeed very loud. The market is always right. If this short position fails, it is a loss to cognition; just accept it calmly without internal strife.

The most intuitive point is that the current economy is still in a contraction phase, not an expansion; while gold is also near historical highs, Buffett is sitting on cash waiting for an opportunity. I do not believe that such an environment can give rise to a frenzied bull market. The current market has indeed become more difficult, with higher requirements for entry. Without a good entry point, it is better to wait and see.

Future expectations

Subjectively, I still do not have a positive outlook on the market. This wave of rise has filled the pockets of the market makers; ultimately, someone has to take over. Who will pull above 110,000? Continue to explode the shorts? Is there that much capital? Of course, if the market makers can indeed hold 110,000 and break through historical highs, then fine, I surrender; otherwise, I will firmly short without wavering.

Whether going long or short, both are possible in the current environment, but position is more important than trend. Going long during a crash, going short during a surge, leveraging liquidation data to support the bears/bulls, entering at positions with significant risk-reward ratios, betting small to gain big $ETH $XRP