Last night, we publicly warned about the risks in the market. 100,000 is a psychological round number. Even from a long-term perspective, BTC's outlook is very optimistic, and the macro environment is favorable. Countries are being incited by the Americans to treat Bitcoin as a strategic reserve asset, as a way to indirectly transfer American debt. We won't go into the political intentions here. #美财政部称BTC“数字黄金”
From a purely K-line perspective, Ethereum's chips above 4,000 are continuously being sold at higher prices, while retail investors keep trying to catch the bottom. The upward momentum is clearly insufficient, and the chips above 100,000 for Bitcoin are similar, with high points continually decreasing. I shorted in the morning yesterday and shorted again at the high point this morning, with very smooth positions, which has actually corroborated the correctness of my viewpoint.
From the perspective of crowd psychology, the chips held at the bottom have already made considerable profits at this level. The wave around 50,000 was originally expected to have Bitcoin's target at around 100,000, so it's normal for profits to be taken at this position. After a few days of high-level fluctuations and turnover, taking profits into hand without continuing buying power will trigger panic selling.
From the perspective of funding rates, the fees for Bitcoin and Ethereum have reached around +0.03. The last time the fees were this high, Bitcoin dropped by 10,000 points.
Another risk to note is #APT、ADA、ENA大额解锁