US stocks gapped up high, and Bitcoin directly broke through the $100,000 mark!

But: Do not chase the rise, do not chase the rise, do not chase the rise!

As mentioned last week, this Monday, the European and American double holiday is over, and it will be a time for a trend change. I have to say that the opening is fierce, just as we said last week: it directly opened and rose, not giving retail investors time to react, and it all rushed to the resistance level. Not only Bitcoin hit the resistance level, but ETH and many altcoins also rushed directly to the resistance level;

At this position, even if it is not a trap to entice buyers, it should still pull back. Yesterday, I saw that there were $2.6 billion long positions waiting to be cleared at $93,000. Will it first rise to clear the shorts, then dip down to clear the longs, and then both sides explode before rising again? Let's wait and see!

PS: The current trading hours for US stocks are: Beijing time 22:30-5:00 the next day; #比特币走势观察 $BTC