Congratulations to Trump for winning the presidency in 2024. Bitcoin also had an emotional effect today and broke through 73.8K.
I think this round of emotions has just started the main uptrend. The subsequent trend will be particularly tragic for the air force, especially for players with high-multiple contracts and trapped at 60K. My personal suggestion is to reduce your position, because you don’t know where this rising indicator will go.
Some people will say, what are you afraid of, my position is 80K, 90K, to which I can only laugh, let alone 80.90K, even 100K is just a snap of the fingers.
Friendly reminder: The main force has fully liberated the locked-in plate, so the next step is to go to a point you can’t guess.
There are actually reasons for everyone to compare prices. Inertial thinking, for example, when Bitcoin reached 30K in the bear market, everyone had been at 20K for a year or so. The bottom price of Bitcoin was 15K, and it has doubled to 30K. Don’t you think it’s a bit expensive? At this time, everyone thinks that Bitcoin will pull back because there are too many profit-taking orders, right!
When Bitcoin reaches 60K, it will double for those who have opened positions at 30K. At this time, if you analyze the bottom of 15K, if those who have been holding positions have risen 4 times, how can Bitcoin directly pull back to 30K when it reaches 60K without a pullback at 30K? However, the trend shows that the probability is zero.
The bottom of this round is 67.3K, so please let go of your head and think about where this round of rising offensive will go?
100K? 120K?
If I were to say anything, I would say that there are infinite possibilities for upward movement. The driving force for upward movement depends entirely on the amount of fuel for short selling. The more people short sell, the more violent the upward movement will be. The more people long sell, the more violent washouts and sideways market conditions will be. However, 75K is definitely not the top of the pie.
Personally, I suggest that the probability of making money by going long on contracts is greater than that of going short, so please boldly follow the trend and follow the trend. If you have the conditions, take out 100,000 or 80,000 to max out the futures contracts. Please be bold and gamble once. Crossing classes, perhaps only one chance in life is enough.
