$BTC market movement is incredible, soaring 11% in one night. It's rare for BTC to see such a rise in one night, pushing over 10%. This shows that the current European and American markets highly recognize what Trump said about treating cryptocurrencies as a national strategic reserve in the future.
Yesterday, it was mentioned that the high-leverage contracts needed to be washed out, and as long as the bears dare to short, the market keeps pushing up, reaching the price I mentioned of 87000-89000 directly in one night. Small steps pushing higher all the way with no pullback at all. This is the feeling of a bull market!
$BTC has risen by 20,000 dollars in just six days since Trump was elected. As mentioned mid-year, the end of the year is expected to reach 80,000 easily. Even though my hedging has failed, the market's enthusiasm remains strong. This trend continues to hold good spot positions, with the only risk being the clearing of high leverage. The long-short ratio has already tilted severely, and holding spot positions at low levels feels very comfortable. The higher it goes, the less daring it feels to chase.