Many friends say that when #Bitcoin breaks $100,000, there will be a significant pullback. For now, I cannot say for sure, as there is currently no negative information. If it’s due to users’ fear of heights or profit-taking, I do not fully agree.

From the current URPD data, after breaking $70,000, the chips have already gathered around $90,000. The area above $80,000 is where short-term investors have concentrated, and it has already been significantly consumed. Meanwhile, investors below $70,000 have not seen much volatility, and with enough profit, there is enough resistance, especially since the current trend continues to move in a favorable direction. Gary's resignation and the departure of many Democratic officials indicate that as long as Trump is willing to keep his promises, the possibility of realization is high.

At least before January 20, the market is holding its breath. Of course, there is also Christmas in between, and before Christmas, there is December 11. Calculating, between December 11 and January 20, one should be a bit cautious, but if the vote on December 11 really passes, the financial preparations for Christmas won't matter much.

I still advise everyone that even if you are bearish, do not short the market. Unless there is very clear negative information.