I usually don't look at technical indicators. You can actually see a lot of similar words in the square.
For example, "I didn't expect it", "This time it exceeded expectations", "The technical indicators are useless now", "It's different from before", etc.
If the technical indicators are so useful, this situation should not always occur. After all, even one "technical indicator is useless" may be fatal.
In this round of bull market, how many people sold out and missed the opportunity because of technical indicators. It can only be a reference. Don't be too superstitious about it. Especially when the big bull market and the big bear market come.

Many people say that Trump's inauguration = good news materializing, so it has peaked. I will mention three points for you to judge yourself.
First, Trump has not yet taken office, and all policies have not been released. You wouldn't naively believe that what a president says before taking office can definitely be achieved, right? So this is called good news not yet materialized.
Second, Trump's cabinet members have not been finalized. If the cabinet members are particularly favorable to Bitcoin, for example, if the appointed treasury secretary has a preference for Bitcoin, then that would still be a round of good news.
Finally, after Trump takes office, in the short term, it is very favorable for the U.S. stock market, and the U.S. stock market has spillover effects on the cryptocurrency market.
Judge for yourself.

I've wanted to complain about this for a long time; a whole bunch of people are talking about black swans. Over 95% of people have no idea what a black swan is.
The most important concept of a black swan is that it is an event that no one can predict. If someone can predict it, then it's not a black swan; it's a gray rhino.
There are always people saying that the crash of Bitcoin is a black swan; there's a term in Northeast China that fits you perfectly, called 'abuse of the term'.

You might not believe it, but I still have Bitcoin from 2016. Back then it was over 4000 each. Did you really earn more by going back and forth than by doing nothing?

Here’s a hint: there’s no reason in the square, or it’s just like drawing a random picture to start predicting the market, the more certain and confident they appear, the more nonsense it is. Essentially, it’s just that your backside decides your mind.
It’s highly likely they are about to face a liquidation and are panicking without a plan, or they are perfectly missing the opportunity to get on the boat. Don’t believe it, just treat it as entertainment.

Since 2016, experienced players who have been buying coins are really used to this one-sided rising market.

This kind of market is where most spot holders are collectively bullish, lacking liquidity, and a slight purchase of spot will drive the price up.

Have there been few liquidations in the square these days? If you want to short, you might as well wait for the big trend to short; doing it now can't even be called gambling, it's just giving away money. What’s the difference between shorting now and guessing the peak? The trend is bullish, and if you can guess the peak so accurately, shouldn’t you be going long?