$BTC

If there are no surprises, BTC will eventually reach 100,000. What should we pay attention to when it reaches 100,000?

1. At the 100,000 position, there are sell orders on Binance: 99K/300 coins, 99.5K/400 coins, and 100K/1500 coins, etc. If you have orders, it's reasonable to sell a portion in advance to secure some profits in this range.

2. Although the funding rate on Binance is only 0.01%, other exchanges have already reached around 0.03%. In a bull market, this rate is not high, but after reaching 100,000, many retail investors may FOMO into the market (Oh, I missed the train before it hit 100,000, so I should chase it now). At this time, we need to pay attention to the funding rate.

3. Similar to the second point, if FOMO drives the market to chase long positions, and the market prepares to kill the bulls, it usually results in a long wick in a bull market, which could lead to a 10%-20% pullback. If there is a chance to pull back to 85,000, this would definitely be a good opportunity to increase positions or enter the market.