Is Bitcoin about to reach 100,000?
【Market Review】
"Excited heart, trembling hands!"
Yesterday, bulls continued to charge, and last night's night market directly surged to 99,000, just one step away from the 100,000 mark.
This wave should have made everyone quite profitable, right? Of course, I'm referring to spot trading here,
I won't mention contracts; most brothers probably missed out. Including me!
Because 90,000 is already the cognitive limit for me at this stage, anything over 90,000 is beyond my understanding,
so I chose to remain in cash and observe.
Speaking of spot trading, earlier this year I guided everyone to buy BTC spot at 39,000-46,000-51,000, and everyone should still be holding, right?
Here’s a suggestion: it’s time to take profits on altcoins in batches, for Bitcoin you could sell around 20%, not too much,
for Ethereum, many people might just be breaking even; if heavily invested, reduce positions by 30%.
【Bitcoin Morning Analysis + Feeding】
There’s really not much analysis to do, the bullish trend continues unchanged. Until there are daily-level bearish signals,
we will continue to look bullish, no problem at all. But our strategy is not to go long! Either stay in cash or short.
Can we break through the 100,000 mark? If we break through effectively, then reaching 120,000-130,000 is possible,
if it’s a false breakout, look below at 85,600-78,500-74,088.
Feeding operation: remain inactive for now.
【Ethereum Morning Analysis + Feeding】
Ethereum is still quite poor; I can’t even complain about my spot position with an average price of 2,400. When Bitcoin is at 60,000, it’s at 3,000,
when Bitcoin is at 100,000, it’s still at 3,000.
Feeding operation:
3,548-3,577-3,602
Enter short positions in batches, set a stop loss at 3,633.
Use 3 layers of positions to test.
