The market is currently divided into two factions, one extremely bullish and the other extremely bearish.

This is quite normal. The bullish side believes that Trump is in power, strongly supporting cryptocurrencies, and thinks Bitcoin will reach 100,000.

The bearish side believes that Trump has confirmed his victory in the election, and good news has already been priced in. They think the short-term rise in Bitcoin's price has been too large, and Trump's presidency will lead to increased tariffs, causing inflation to rise again, which could result in fewer interest rate cuts or even a pause in rate cuts. Therefore, Bitcoin's price could drop at any moment.

In terms of strategy, whether going long or short, it is necessary to set corresponding stop-loss points. There is a possibility of going up to 80,000, but it could also drop below 70,000. Currently, emotions are dominating the market, and it's hard to say what will happen.