Today a live broadcast's fan with 66,000 short positions in Bitcoin is still holding on, preparing to borrow 100,000 to add to the short positions, asking me what to do? I want to say that currently, the world is establishing national strategic reserves for Bitcoin, yesterday the Bitcoin godfather bought 4.6 billion dollars of Bitcoin at 91,000 dollars, with an average price of 88,700. Do you think it will fall below 70,000 in the short term? Borrowing money feels good for a moment, but borrowing money to trade cryptocurrencies is not enjoyable at all, repayment is a nightmare. Many people's tragic stories in cryptocurrency trading start with borrowing from online loans; trading is not a guaranteed win, position management is crucial, if you're wrong, be willing to stop loss. If you survive in the market long enough, you can make money; a few stop losses are nothing, as long as you get one right, you can make a profit. Alright, let’s summarize the key points for tonight:
1: 9.3 is not a temporary peak; it has been consolidating for so long without falling, which means there is still room for growth. Personally, I see a target of 96,000 above.
2: MicroStrategy has announced another inflow of 17.5 billion dollars into Bitcoin.
3: Anticipations related to the U.S. Bitcoin strategic reserves are driving the cryptocurrency market up; wealthy individuals from Saudi Arabia and the UAE may have already bought Bitcoin.
4: This morning, the brother who cut losses at 3181 has rushed back in at 3120, and he has never lost two consecutive rounds in the previous 16 waves.
5: BitMEX founder called out the gold dog WORM, which doubled directly.
6: GSR Markets has become the market maker for the meme token Ban.
7: A16Z founder called out the soil dog ELIZA, which directly surged by 40%.
8: A giant whale purchased 437,000 Uni tokens, worth 4 million dollars.