The momentum is strong right now, and many people probably haven't kept up with the rhythm! Bitcoin has risen from a recent low of around 93,000 to now steadily climbing towards the high of 96,800, with an increase of almost 4,000 points! I've been reminding everyone to seize the opportunity to go long, but I see some people who shorted and got trapped, which is quite a pity. There might be a pullback tonight, and if you don't know how to get out of your position, you can come to me.
Looking at the current trend, there has already been a wave of increase, and the overall market is quite hot, but it may cool down a bit later and have some pullbacks. However, I still do not recommend going short at this time; it’s best to wait for a proper pullback before continuing to go long. From the hourly chart, the price is almost touching the previous high, and it may surge again tonight, making it a good time to continue going long afterwards.
The above is purely my personal opinion. Investment carries risks, and one must be cautious when entering the market. Everyone should consider it carefully on their own!
