The closer to the top, the higher the market sentiment and the higher the premium, which is suitable for arbitrage. According to past experience, after a large inflow of US ETFs, it is a short-term peaking moment.

The price push in the past two days is all due to ETFs. The sentiment in the Asian and European sessions is low. After the weekend sentiment is exhausted, it will only be lower next week.

Although the situation of Bitcoin is very good now, we should still be wary of the possibility of flash crashes, because it seems that it is more beneficial for some institutions to clean up the chips below.

BTC is going to challenge the 70,000 mark. The more BTC rises, the greater the risk of copycats.

The long-short ratio of Bitcoin on the entire network is temporarily reported at 0.7553. There are more people shorting than long. The best trend of the current market is to push upwards to above 70,000, burst some short orders, trigger emotional FOMO, and ETH and other copycats will rise with it. (At this time, those who should run should run, and those who should reduce their positions should reduce their positions).

Currently, there are more than 2 billion liquidations at 6.3. It will not be pulled up at once with so many profitable chips. Moreover, 6.3 is also a relatively critical support position. The probability of touching it again is very, very high.