What is the current market trend?

From a technical perspective, the downtrend is not obvious, and the accumulation of chips at this position is quite solid.

The longer the market consolidates at this position, the lower the likelihood of a breakdown.

Especially at the range of 96000~98000, this can be considered an iron bottom.

The possibility of the market continuing to rise is relatively high, and Bitcoin will likely treat 110,000 as a target for a surge.

Ethereum, after standing above 4000, will aim for an attack on 5000.

Ethereum has been heavily suppressed in this round, and there is a clear demand for a catch-up, which is why I, Shisan, have always encouraged everyone to buy Ethereum on dips.

The risk is low, and the future risk is higher compared to Bitcoin.

How high will Ethereum go in this round? 6000 may only be the starting point, 8000 can be considered a basic living standard, 10000 barely reaches a moderately prosperous level, as for the common prosperity of 12000, we won’t get involved, at least for our Shisan circle friends, reaching 10000 means we must start a profit-taking plan.

From the news perspective, it is almost impossible to find actual negative news in the entire market. Although some people claim that there is a big bubble and that the market may correct, these are all subjective conjectures.

The actual news that has occurred is almost all positive; Trump has clearly stated that he will do something significant in the cryptocurrency field.

BlackRock plans to invest 2% of its total assets in Bitcoin, which is quite terrifying; everyone should check BlackRock's total assets and calculate what 2% is.

Several celebrities have stated that in 25 years, China will implement a Bitcoin strategic reserve plan, but it may only target institutions, and it still won’t change anything for ordinary retail investors; this is just market rumor, and everyone should not discuss it excessively.

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From the data perspective, there’s nothing more to say; ETF funds are continuously flowing in, although the trend is slowing down.

After all, Bitcoin has already reached 100,000, and funds also need to observe and look for better entry positions.

Therefore, the current market is likely to continue in an upward cycle; we should keep holding our spot positions and not make random moves.