$BTC
The big coin keeps breaking new highs, besides having a fragile horizontal support around 76000, what direction is there? This position is either long or short; being bullish is just betting on the future. I don't envy the big coin at 80,000; I'm afraid of standing guard at these positions above 7.6. The big coin has no support when breaking new highs. Right now, it barely meets the expectations of investment institutions like BlackRock, but we don't have unlimited bullets. Others have hundreds of millions to invest for years, at least they have the capital to influence market prices. We, as retail investors, should be modest; even if the big coin breaks 80,000, the increase is only about 2700 points. Is it really necessary to chase this 80,000?
The current market value of the big coin is in the trillions, and right now everyone is frantically buying, creating a seller's market. When the sentiment cools down, the main forces will finish accumulating coins. When retail investors' buying pressure is strong, the selling pressure will be just as fierce. Buying can be done by anyone; when to sell is a big question. Buying at this position, if things go wrong, it’s uncertain how long it will take.