Can you imagine how many retail investors will rush in if Bitcoin breaks through the $70,000 mark tonight, and how many high-multiple contracts will start to go long, to try to break the historical high!
Although the big guys are also looking at the historical high, the long orders were cleared out this Saturday and Sunday. There may be room above, but the risk is too high, and the market sentiment has become extremely greedy. High-multiple contract players have to be careful. Spot is fine. In the next period of time, there will be a wave of Bitcoin sideways, and Ethereum will lead the cottage to make up for the rise, which will come soon!
