Last night, I reminded that 93,500 may be the highest point in the next three months. The market started to fall sharply in late trading. It has broken 88,000 three times and the lowest point has reached 87,000. There is no strong bottom-fishing buying on the market. I think 93,500 may be the highest point in the next three months. The reasons are as follows: 1. In the short term, Trump and Musk brought in a large amount of emotional bullish funds. These funds have no faith. When the market is rising, anyone can hold it, but once it falls, these funds will quickly stop loss or take profit and flee. 2. The lowest point of this round below 50,000 has basically doubled so far. Many people will take profit or at least take out the principal. And there are too many short-term profit orders from 68,000, and there is no effective turnover. 3. BlackRock will no longer buy above 90,000. Once the market falls, these ETFs are likely to start selling. There has been a trend of large-scale declines at 93,500 the day before yesterday and last night. 4. The global financial market began to fall sharply. When the market falls, various negative factors will be released by the dog dealer to increase market panic. 5. From 68,000 to 935,000, the market is extremely enthusiastic, and the funds that want to enter the market have already entered the market. Buying will become weaker and weaker. Once the market falls, most of these profit-taking orders will be converted into selling orders, and selling will become stronger and stronger.
6. There are still two or three months before Trump takes office and the policy is introduced. Even if Trump's policy is to use Bitcoin as a reserve currency, it is very likely to release negative news and harvest chips at a low price.
7. There are too many long funds, and the exchange cannot help but be tempted. These days, hundreds of millions of large short orders have been killed. Similarly, there are too many large long orders here, and the dog dealer cannot let go.
8. The market sentiment is extremely greedy, but the market has begun to show a large-scale downward trend, proving that the market's buying funds have basically reached the limit in the short term.
In summary, longs here are stop-profits, and shorts can take out the principal to hold steady. At the same time, don't rush to buy the bottom. There is no difference between longs here and shorts at 68,000. There are too many opportunities in the market. If there is no opportunity, wait. If there is an opportunity, do it. If it is not right, run. There are too many uncertain factors in the market, but at least we should not stand on the losing side. Don't rush to make money.