At 3 AM in the East Eight Zone, Bitcoin broke through its previous high, and the market began to HYPEE, especially altcoins should not be easily shorted. As long as Bitcoin stabilizes, funds will flow into other altcoins.

There hasn't been much to gain in the past two days, the 8th anniversary #BinanceTurns8 is basically no profit, and in the afternoon LA was too fast, I didn't pay attention. The trading competition prize pool is also average. So far, it seems to be slightly more than newt, but using the cashback invitation code to pull people has a very high risk of fee control, so it's unnecessary, and without the competition, there's even less reason to participate.

Currently, there's no need to participate in the explosive altcoins like HYPER and STO. If the bulls slightly pull back, it is easy to get liquidated, and shorts are even harder with the costs + sudden moves.

This surge is following the recent listing announcement of the HYPER/KRW trading pair on one of South Korea's largest cryptocurrency exchanges, Upbit. Traders can start trading Hyperlane on this platform from 5:00 PM KST on July 10.

It's also not easy to find a good short position for Bitcoin and Ethereum right now, so let's take a break. $BTC