Bitcoin has surged to 110,000, but behind it is actually a big capital harvesting strategy!

1. The main players are playing psychological warfare

I have mentioned before that the 50-day moving average and the 120-day moving average forming a "golden cross" means that the mid-term upward trend is confirmed. However, big capital won't let you make money comfortably; every time they break through key points, they will first smash the market and scare retail investors into giving up their chips. Now that it has surged to the 110,000 resistance level, it is highly likely to pull back to around 100,000. This is the trap they set - forcing you to cut losses so they can buy in at a lower price.

2. Institutions are hoarding coins like crazy

There are fewer and fewer Bitcoins on the exchanges, with only 1.6 million left, which indicates that big capital is quietly accumulating. Texas just passed a bill requiring the government to reserve Bitcoins, and they must be locked for more than 5 years - this equates to hundreds of billions of dollars’ worth of coins being "frozen," resulting in even fewer coins circulating in the market. Companies like MicroStrategy are still buying 2,000 coins daily, clearly indicating they want to control the market in the long term; traditional financial valuation models are simply useless here.

3. Operating advice: Don't get shaken out

Core strategy: Hold onto your Bitcoins and don’t make rash moves, add to your position every time it drops by 5%. If you are trading short-term, remember to buy back around 100,000. The options market has gone crazy, with call contracts for 110,000-120,000 surging by 300%, indicating that big capital is positioning for the next wave of surges.

#Crypto market rebound

I will continue to position with my winning trades; instead of fumbling around and failing to capture the best entry and exit points leading to holding losses, it’s better to follow me directly if you agree.