Once Bitcoin enters the vacuum zone, the sell pressure above is very large.
However, stimulated by various positive news, the buying power is also very strong, basically able to absorb sell pressure.
Almost everyone holding Bitcoin is currently in a profitable state, and every step upward at this moment represents pressure.
I have already clearly stated in the articles from yesterday and the day before that the current position has significant pressure and a high risk of pullback.
The key position is currently at 76,000. It's normal for this position to oscillate. As long as there isn't a major negative factor, Bitcoin's pullback space is very limited.
A maximum pullback of 10 points is the worst case, so there isn't much to worry about.
However, a ten-point pullback gives us another opportunity to enter the market.
The main buying funds almost only flow on weekdays, while on weekends they will be in a dormant state. The possibility of market pullback is relatively high, so everyone needs to be prepared.
Everyone can open MACD themselves to see that divergence has appeared, volume is decreasing, while prices are rising. The market needs a pullback to correct.
For specific strategies on how to respond to pullbacks, everyone can consult within the circle.
2,
The interest rate decision has come out, with no surprises; 25 basis points align with market expectations.
Plus, after Trump took office, the interest rate cut cycle will inevitably continue.
Today I watched a lot of Trump videos, which helped me understand a bit about him, and I found that many people in the country ridicule Trump.
I think this might be us being overly confident.
Everything he did during his last term seemed nonsensical, but the starting point was basically beneficial to the United States.
His life journey from a wealthy heir to the head of a business empire to president is nothing short of legendary.
He won't start a war, which is also good news for the world.
He won't burn money; as long as he can help America make money and solve American employment, he is a good partner.
He manages the country with a business mindset. With this model, combined with Musk's support, the economic environment should improve somewhat.
As long as the benefits are substantial enough, the possibility of win-win cooperation is relatively high.
Although there may be some pressure on tariffs, many issues can be resolved with money.
Whether for other countries or for the cryptocurrency circle, these are actually relatively positive messages.
All conditions for a bull market are already in place. Next, we just need to watch as more and more funds slowly flow into the cryptocurrency circle to boost the market.
I remind everyone again to stay away from contracts recently, because although the upper channel has opened, the volatility will still be very intense.
In the cryptocurrency circle for so many years, I've never seen an investor get rich solely relying on contracts.
3,
As the market rises, the speed at which my followers increase has also suddenly surged.
This indicates that as the market rises, more and more investors are unable to enter the cryptocurrency circle.
People only realize to enter the cryptocurrency circle when prices rise. This may reflect human nature; wherever there is money to be made, people will flock together.
In fact, during the long pullback cycle when liquidity in the cryptocurrency circle dried up, it was the best time to enter the market, but everyone remained unmoved.
Every day being bombarded by various negative sentiments, without a basic judgment on the big trend.
The reason for entering the market now is that the cost is definitely higher compared to before, but it will be even higher in the future. By 2024, Bitcoin is likely to fully exceed 80,000, and looking back at Bitcoin at 70,000 will feel cheap.
With the recent potential pullback, it's another chance to enter the market. I hope everyone doesn't miss it.
As the market enters a bull phase, Bitcoin becomes increasingly expensive, and more and more newcomers will flock into the cryptocurrency circle. Most of them will become fuel for this bull market, becoming the main targets for the whales.
This is an inevitable rule of the investment market.
Otherwise, this zero-sum game cannot continue.
During a bull market, the temptations we face will be particularly numerous, such as certain coins skyrocketing by hundreds of times, certain junk coins surging thousands of times in a day...
I hope everyone in the circle doesn't get tempted by these noises. These coins are manipulated by someone, so everyone should avoid getting involved, at most invest a few tens to a hundred USD to try their luck.
If you bet on these so-called hundredfold or thousandfold coins, you will end up with nothing.
I've seen too many tragic cases.
As long as high-yield investments come with enormous risks, if you're aiming for 10 times the return, then the risk is often over 100 times.
Remember!
