Bitcoin broke 65,000 and is approaching 66,000. Is it going to go up? I don't think so, at least not in the near future. Putting aside all the complicated things, let's talk about two simple reasons.

1. It has been rising for so long, a technical correction is justified, it is impossible to keep rising.

2. This rise was caused by the interest rate cut, which is a very big positive. Will there be a bigger positive than it to pull BTC up in the future?

I still insist that the bull market is there. If you are a long-term spot holder, you don't need to care about these. As long as the target is fine, just hold it. If the target is well selected, you will make more money, and if it is not selected, you will make less money. It depends on the specific entry point.

Last time, I taught everyone to read the liquidation chart. The 30-day level went down to 56,000 and exploded 9 billion, and went up to 70,000 and exploded 4 billion. You are a dealer, how do you operate.