The entire market has changed with Trump's election, Musk's appointment, and the support of the interest rate cut cycle.
The risk of a pullback is getting smaller, and the probability of an increase is increasing.
However, the most important thing for everyone in the crypto market is to have a sense of risk, rather than burying their heads in the market.
The trend of Bitcoin is extremely critical, and the direction may be revealed in the next few days.
Since the market cannot be brought down without institutional funds entering the market on Black Friday and Thanksgiving, there may be a surprise when the market opens next Monday.
The institutions are also panicking.
However, if Bitcoin cannot stand firm at 98,000, and the target position of the downward pullback is higher than the previous bottom of 91,000, then the market may peak.
The target position of the pullback may be around 78,000, that is, to just fill the gap of the previous time.
Then the rising cycle will be restarted.
If this situation really happens, please keep a good attitude and don't be scared by the pullback. This really gives us an opportunity.
However, judging from the current trend, there is a high possibility that Bitcoin will stand at 98,000.
The market will still be volatile this weekend. You can build positions appropriately at the right position. The specific position thirteen has been clearly announced in the circle.