The unilateral upward trend of the pancake after the new high is extremely strong. The time cycle of the unilateral upward trend of the pancake may last for about 3-4 weeks (3-4 weekly K lines, not necessarily a full 4 weeks). Now it has only been 8 days, and the weekly K line is only the second week. The probability of a big drop here is relatively small. At most, it is a callback in the early morning. The consolidation trend is still bulldozer-like upward. Falling is an opportunity. In the early morning, such a callback, small buying, continue to cover the position if it falls below 86,000 (the probability of falling below 86,000 today is low). The position must be controlled well, 2x or more than 2x leverage, pancakes are bought casually, if there is really some space, it will come back soon. Those who are afraid of heights are miserable people. The bull market has just begun. The logic of the secondary market is greater than the K line. Yesterday, I saw peanut pnut soaring because of Musk's tweet, and its fundamental narrative has changed. But because of the price, I can't do it, and I'm afraid of falling. In fact, under the premise that the current market is so hot, the probability of strong market sustainability is increasing. Especially with Musk's strong correlation, when doge has risen so much, there will be some capital overflow, and the thirst for capital that has missed the opportunity.
If the market continues to develop, the altcoins that everyone is looking forward to may be gone. Meme will soon consume the new funds, just like the inscription killed the calf last year. Meme is a dark bank, and the capital path is seriously dependent. It is difficult to expect capital rotation to altcoins.