Bitcoin has hit a new high today, with a new peak every day - quite thrilling! It's just a step away from the 100,000 mark, but this is not much different from breaking through that barrier. To witness such a high Bitcoin price in this lifetime is quite lucky.

The Trump effect has encouraged countries to buy recklessly, with institutions and capital buying like crazy, pushing this bull market to historic highs. The most unfortunate ones in this crazy bull market are Chinese retail investors, as many missed out or faced huge losses, with very few truly able to capitalize on this sunny opportunity...

Today is Friday; will there be a black swan event? It's uncertain, but we need to be cautious. After all, this surge has exceeded 27,000 points in just 17 trading days, and the entire market has become extremely crazy and greedy.

Being bullish has always been our main theme, and we still see opportunities for long positions during any pullbacks. However, tonight Yingjie feels there might be an opportunity to try shorting. Based on the recent movements of U.S. markets, Bitcoin might rise, then fall back by around 2000 points, and finally rebound, a pattern that has often proven successful. Key resistance is at the 100,000 mark, while support is around 97,500.

1. Long positions can be determined based on real-time U.S. market conditions; if you're afraid of missing out, aggressive trend-following trades are recommended.

2. A short position should definitely be taken around 100,500, as historic thresholds often have no reason; set your own target and reduce positions accordingly!