Where are we now, 98000. Help me up, look around, the air force is almost entirely dead, there is no one around, I shout out loud, leaving only one sentence, all dead.
Yesterday BTC surged with high volume, when high volume appears, it's time to run, even if you run wrong, you must run. MACD is refueling again at a high position. Refueling at a high position, thus, the target flight area should be reached. Currently, it is already in a seriously overbought area, I just want to ask, at this position, should we retail investors get in? Definitely not, it’s just a direct game of large capital.
The future of cryptocurrency might play out differently than in the past. The BTC spot ETF will bring a rush of capital that flows to the sea, which will also lead other coins to imitate and rush in. However, looking at the entire crypto market, with decentralization having survived this long, perhaps only LTC and BCH remain. They say SOL might also have a chance, but I think this bull market is hopeless; without the grinding and washing of several bull markets, it is impossible to be reborn from the flames and become enlightened instantly.
Currently, the sentiment indicator is at 94, such madness, I only saw it before 5.19. Perhaps the sentiment will extend, or the main player will control the price at a high level, not letting it drop. When madness reaches its peak, it will definitely be endless danger and terror. At this time, if you don't leave, when will you leave? Everyone has cognitive limitations; when you think you are invincible, look up at the sky and down at the ground, we are indeed still small. Trading cryptocurrencies is primarily about making money, with risk being the first priority. Nothing is more important than surviving. If you can still make money, congratulations, you are one in ten thousand winners.
As for Trump coming to power, there may be continuous good news, such as national reserves; if it is on the surface, then it must be the main player using political hype to attract large capital, and large capital just taking over from the state. If the US really wants to do such a thing, BTC would definitely have to hover around 50,000 for a long time, waiting for Trump to take office for half a year, to accumulate shares and fill the warehouse before he will shout out against injustice. He grasps the initiative in decision-making. But currently, he has not formally entered the White House, and many things are already in expectation, shouting out now is just setting a trap to attract the naive to take over, right?
Perhaps my cognitive limitations prevent me from guessing the main player's intentions randomly. But one thing is clear, all the wild rises and falls are just ways for the main player to harvest. News is just a catalyst; it should be called fuel for longs and shorts.