Bitcoin has completely fallen into madness.

Tonight, I have been watching it, hoping to witness the historic moment of 100,000.

But now it has come back, as I mentioned in a previous article, breaking through 100,000 might not be so easy; there could be a false move, and then it will retest support before breaking through 100,000.

The momentum tonight is too frightening.

However, it will be very difficult to break through 100,000 in one go, as this level is a strong resistance point for Bitcoin, not only a technical resistance but also a psychological resistance for investors.

At this position, there are many profit-taking orders, and countless investors will start selling their Bitcoin at this moment. If we consider that we have already made 7 times profit from the bottom of this bear market to now, this bull market is actually enough.

Taking profits and waiting for the next bull market is also a good choice.

Today, many fans asked me whether to take profits; my advice is to sell short-term positions after breaking 100,000, while holding long-term positions. We wait, wait for 120,000, 150,000.

At the current speed of Bitcoin's rise, it should be soon.

However, I have turned all my Bitcoin into long-term positions. I know there will inevitably be a pullback in Bitcoin, and the market also needs a pullback, but I will not sell; I want to wait for a higher price.

Today, Bitcoin's ETF inflow is 796M. BlackRock has been continuously buying, and Grayscale has also started buying. These big players are definitely not coming in to do charity.

I will follow their rhythm, and the risks shouldn't be too great.

Especially when BlackRock's holdings have reached 42 billion USD, short-term arbitrage is not so easy anymore. Any slight wind can shake the grass, and the entire market will receive the news immediately.