$BTC Everyone wants to see some technical chart information; so let me briefly share some technical chart insights on Bitcoin, for your reference!

🔥🔥BTC rose from yesterday's lowest point of 95745 to today's highest point of 988876
Most of the friends who followed my strategy probably did not get in, and many may feel a bit regretful. I completely understand this feeling because three years ago, I felt the same way. However, after experiencing several bull and bear markets, I completely changed this mindset!

First, let's review yesterday's market. The real strong support level for BTC is 93041. I suggested everyone to place orders in batches near the support level, which was based on this logic. However, there was indeed a stop-loss signal near 95745. The reason I didn't let everyone enter is simple: risk > profit.

Trading is fundamentally about: continuously weighing risk and profit. When risk > profit, that trade should not be executed. Perhaps you might gamble and actually make a profit, but deep down, you feel uneasy because you are just relying on a hunch that it will go up!

From another perspective, yesterday BTC indeed broke down from the 4-hour line. Once it breaks the 4-hour line, the next step is to look at the daily support level (93041). If the daily level breaks, we need to look at the weekly support level. Therefore, when the big coin broke below the 4-hour support yesterday, rational traders would not rush to go long. This is also the risk I mentioned! Going up; the space is limited! But going down, the space is indeed infinite. From my perspective, I have no reason to lead everyone into risk; thus, feeling regret is completely unnecessary!

The current trend aligns very well with the third scenario I mentioned yesterday: the main force is inducing shorts;
I have always emphasized the issue of insufficient liquidity, which has always been present. The main force showed weakness when approaching 100,000, and a proper pullback allowed retail investors from outside to enter altcoins, while simultaneously letting the long positions take profits and the shorts increase their positions. This is also a commonly used tactic by the main force this year, so everyone must be cautious in their operations.

If BTC continues to rise and breaks the previous high, then don’t hesitate, take at least half profit on altcoins to prevent being counter-sucked.
If BTC remains suppressed below the previous high and oscillates repeatedly, then hold your altcoins steady and wait for takeoff.
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