Last night, Bitcoin hit a high of around 26,486, and then retreated. At present, this level of increase is not only due to the excitement of on-site funds, but also because the collapse of banks such as SVB has led to the entry of outside funds. From another perspective, the high opacity of centralized institutions has resulted in further increased risks, so foresighted institutions may rush into the market in advance. Gradually, you will find that people believe that only Bitcoin is reliable, at least safe enough, and highly transparent compared to current financial assets. There is no fraud, no additional issuance, no inflation, only a fair issuance mechanism and a stable online supply.
At the 4-hour level, Bitcoin continued to rise after the adjustment. Yesterday I said that the real upper resistance level is 38,000, and then many students questioned why it was so high. In fact, from a medium-term perspective, the upper resistance is this position. Don’t doubt whether it can reach this position. I said it will definitely reach this position, and the time is the next three months.
At present, the market is stable, so we can confidently choose high-quality stocks for trading. As long as the general direction is right, you can make money by trading anything, it's just a matter of how much. But one thing is certain, that is, the better the market, the more you need to learn how to stop profit. You should know that in the second half of this year, there will be better opportunities for us to buy low-priced chips.
[Risk Reminder] Digital assets fluctuate greatly and are extremely risky. Please participate with caution, avoid full positions, and refuse to use loan leverage