This main upward wave has risen nearly thirty thousand dollars from the bottom of sixty-six thousand to ninety-three thousand

Current price 93465.1 USD

From a technical structure perspective, we can only short, which is similar to the pattern at seventy-six thousand

However, don't rush to short before doing so; from a historical long cycle perspective

10/11/12 is at the peak moment of a bull market

A big bull market in the cryptocurrency world occurs every four years, and the next three months will see significant gains

So let's be cautious and hold some spot assets, let's forgo shorting

Look at Bitcoin's K-line; it's not that we are not allowed to trade

But it's simply impossible to do so

Support and resistance levels are at the ninety thousand position, go long, afraid of being caught at the peak

Shorting goes against the historical long cycle, after all, if the trend is misjudged

If you don't stop loss in time, one wave will be gone

Many people, in a bear market don't lose money, and even make some

But in a bull market, they get taken away in one wave

In the future, whether Trump comes to power

Or Bitcoin becomes a reserve asset of the United States, or interest rates are lowered

All are definitely huge benefits, so focus on spot trading, with contracts as a supplement

Only open positions when the trend is clear and at key positions