11.25 Monday Thought Sharing

It is now 6:00 AM, I can't sleep, and at this time, many brothers probably haven't slept or have already woken up, so let's chat a bit earlier today. (I might be talking too much)

Since last Friday until this morning, Bitcoin has retreated to 3800. Is Bitcoin still looking at the 100,000 mark this week? I will tell you, it still looks at the 100,000 mark. Currently, the short-term support is at the previous low of 95,600, and the extreme support is around 94,000. Currently, it is only 400 away from the 100,000 mark, but due to heavy selling pressure from the main force, it has failed to break through directly and has pulled back nearly 4,000 points.

This may make many people pessimistic about reaching 100,000. At this time, will many people start considering withdrawing and then re-entering? Often at this time, things start to get interesting. No matter how little you understand the market, I believe everyone can see the current situation. Although Bitcoin is currently showing a stronger performance than Ethereum, it has not broken the overall upward trend. Don’t wishfully think you can short here waiting for a black swan crash; at least, a big waterfall won’t happen before the end of this year. If it drops to the 92,000-91,000 range before the end of the year, I will live stream and give each brother 200 U.

So, Yun Dao firmly believes in a bullish outlook towards 100,000. However, I will not oppose those who firmly believe in shorting; different views need not be elaborated. Everyone can also discuss your own views together. Currently, Bitcoin is around 97,000 (around 96,700 when editing). This position can still be a long position to enter directly, and you can enter in batches between 97,000-96,200, with a defense at 95,600 and a target of 990-100-101.

For short-term trades, you can enter around 96,700 on a pullback, targeting around 97,700-98,500.

If you don't have any thoughts every day, feel free to give Yun Dao a follow and a like. #比特币突破10万？